Whittier Trust Co. Trims Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Whittier Trust Co. trimmed its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 11.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,657 shares of the company’s stock after selling 601 shares during the period. Whittier Trust Co.’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $118,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 56.7% during 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. Jones Financial Companies Lllp grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 1,035.0% during the fourth quarter. Jones Financial Companies Lllp now owns 15,981 shares of the company’s stock valued at $404,000 after acquiring an additional 14,573 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the third quarter valued at $138,000. Captrust Financial Advisors grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 10,404 shares of the company’s stock valued at $268,000 after acquiring an additional 698 shares in the last quarter. Finally, Private Trust Co. NA grew its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 98.3% during the third quarter. Private Trust Co. NA now owns 1,878 shares of the company’s stock valued at $48,000 after acquiring an additional 931 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK opened at $25.27 on Monday. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 0.91 and a beta of 0.37. The company has a fifty day moving average of $25.44 and a 200 day moving average of $25.47. SPDR Bloomberg Short Term High Yield Bond ETF has a fifty-two week low of $24.67 and a fifty-two week high of $25.77.

SPDR Bloomberg Short Term High Yield Bond ETF Company 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.