Pacer Advisors Inc. Takes Position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

Pacer Advisors Inc. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the first quarter, according to its most recent filing with the SEC. The fund purchased 79,365 shares of the company’s stock, valued at approximately $1,997,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% in the 1st quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock valued at $163,000 after acquiring an additional 690 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 1,357.3% in the 4th quarter. BNP Paribas Financial Markets now owns 78,168 shares of the company’s stock valued at $1,974,000 after acquiring an additional 72,804 shares during the last quarter. Bogart Wealth LLC grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.3% in the 1st quarter. Bogart Wealth LLC now owns 37,027 shares of the company’s stock worth $932,000 after buying an additional 823 shares in the last quarter. Park Square Financial Group LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter worth $428,000. Finally, Parallel Advisors LLC grew its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 16,214.3% in the 1st quarter. Parallel Advisors LLC now owns 5,710 shares of the company’s stock worth $144,000 after buying an additional 5,675 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0%

Shares of NYSEARCA:SJNK opened at $25.46 on Wednesday. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.77. The stock has a market capitalization of $4.80 billion, a P/E ratio of 0.90 and a beta of 0.36. The firm has a fifty day simple moving average of $25.28 and a two-hundred day simple moving average of $25.21.

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.