SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Shares Purchased by Private Trust Co. NA

Private Trust Co. NA boosted its stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 1,348.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,206 shares of the company’s stock after acquiring an additional 25,328 shares during the period. Private Trust Co. NA’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $687,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SJNK. JPMorgan Chase & Co. raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% in the third quarter. JPMorgan Chase & Co. now owns 1,719,688 shares of the company’s stock valued at $44,282,000 after acquiring an additional 621,928 shares in the last quarter. iA Global Asset Management Inc. raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 24.1% in the third quarter. iA Global Asset Management Inc. now owns 1,554,800 shares of the company’s stock valued at $40,036,000 after acquiring an additional 302,100 shares in the last quarter. 49 Wealth Management LLC raised its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 79.6% in the third quarter. 49 Wealth Management LLC now owns 413,392 shares of the company’s stock valued at $10,645,000 after acquiring an additional 183,269 shares in the last quarter. Bank of New York Mellon Corp increased its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 9.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,605,541 shares of the company’s stock valued at $40,540,000 after purchasing an additional 132,268 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter valued at $752,000.

SPDR Bloomberg Short Term High Yield Bond ETF Price Performance

SJNK stock opened at $25.64 on Friday. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $24.67 and a 1-year high of $25.77. The firm has a fifty day moving average price of $25.44 and a two-hundred day moving average price of $25.48. The firm has a market cap of $5.05 billion, a price-to-earnings ratio of 0.93 and a beta of 0.36.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.