ZEGA Investments LLC Reduces Stock Holdings in SPDR Bloomberg Short Term High Yield Bond ETF $SJNK
by Doug Wharley · The Cerbat GemZEGA Investments LLC lowered its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK – Free Report) by 28.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 429,398 shares of the company’s stock after selling 170,897 shares during the quarter. SPDR Bloomberg Short Term High Yield Bond ETF comprises 1.3% of ZEGA Investments LLC’s portfolio, making the stock its 14th biggest holding. ZEGA Investments LLC’s holdings in SPDR Bloomberg Short Term High Yield Bond ETF were worth $10,872,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of SJNK. Ameriflex Group Inc. boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% during the 3rd quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after acquiring an additional 970 shares during the period. City Holding Co. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 4th quarter valued at $32,000. Root Financial Partners LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 3rd quarter valued at $35,000. Franklin Resources Inc. purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at $36,000. Finally, Private Trust Co. NA boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% during the 3rd quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock valued at $51,000 after acquiring an additional 400 shares during the period.
SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.4%
SJNK opened at $25.23 on Friday. The business has a fifty day moving average of $25.08 and a 200 day moving average of $25.27. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.55 and a 52-week high of $25.65. The stock has a market cap of $4.66 billion, a P/E ratio of 0.90 and a beta of 0.30.
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.
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