Creative Financial Designs Inc. ADV Reduces Stock Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Creative Financial Designs Inc. ADV cut its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 47.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,719 shares of the company’s stock after selling 2,454 shares during the period. Creative Financial Designs Inc. ADV’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $69,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Eldridge Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at approximately $1,199,000. Greatmark Investment Partners Inc. raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 6.7% during the fourth quarter. Greatmark Investment Partners Inc. now owns 10,350 shares of the company’s stock worth $261,000 after purchasing an additional 650 shares during the period. IAG Wealth Partners LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 2.6% during the fourth quarter. IAG Wealth Partners LLC now owns 60,805 shares of the company’s stock worth $1,535,000 after purchasing an additional 1,541 shares during the period. AMJ Financial Wealth Management purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth approximately $12,408,000. Finally, SBI Securities Co. Ltd. purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at $427,000.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.2 %

Shares of SJNK stock opened at $25.29 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $24.67 and a 52 week high of $25.77. The company has a market cap of $5.09 billion, a PE ratio of 0.91 and a beta of 0.37. The company’s fifty day simple moving average is $25.44 and its 200-day simple moving average is $25.47.

SPDR Bloomberg Short Term High Yield Bond ETF Profile

The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of short-term publicly issued US high yield corporate bonds, with a remaining maturity of less than five years. SJNK was launched on Mar 15, 2012 and is managed by State Street.