SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Sets New 52-Week High at $25.52

SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)’s stock price hit a new 52-week high on Friday . The stock traded as high as $25.52 and last traded at $25.52, with a volume of 191021 shares trading hands. The stock had previously closed at $25.48.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.2 %

The company’s fifty day moving average price is $25.24 and its two-hundred day moving average price is $25.08. The firm has a market cap of $4.70 billion, a PE ratio of 0.91 and a beta of 0.26.

Hedge Funds Weigh In On SPDR Bloomberg Short Term High Yield Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC boosted its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 26.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 274,486 shares of the company’s stock valued at $6,901,000 after buying an additional 58,128 shares in the last quarter. Missouri Trust & Investment Co lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 22.3% in the fourth quarter. Missouri Trust & Investment Co now owns 172,408 shares of the company’s stock valued at $4,334,000 after acquiring an additional 31,444 shares during the period. SAM Advisors LLC lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 309.1% in the fourth quarter. SAM Advisors LLC now owns 727,192 shares of the company’s stock valued at $17,320,000 after acquiring an additional 549,432 shares during the period. Tidemark LLC acquired a new stake in SPDR Bloomberg Short Term High Yield Bond ETF in the fourth quarter valued at $139,000. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 20.8% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 11,900 shares of the company’s stock valued at $299,000 after acquiring an additional 2,050 shares during the period.

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.