SPDR Bloomberg Short Term High Yield Bond ETF $SJNK Stock Holdings Decreased by Truist Financial Corp

Truist Financial Corp reduced its position in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) by 28.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 534,991 shares of the company’s stock after selling 212,681 shares during the period. Truist Financial Corp owned about 0.29% of SPDR Bloomberg Short Term High Yield Bond ETF worth $13,632,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. SVB Wealth LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth approximately $44,000. Proathlete Wealth Management LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth approximately $48,000. Parallel Advisors LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 16,214.3% in the first quarter. Parallel Advisors LLC now owns 5,710 shares of the company’s stock worth $144,000 after acquiring an additional 5,675 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 11.8% in the first quarter. Farther Finance Advisors LLC now owns 6,517 shares of the company’s stock worth $163,000 after acquiring an additional 690 shares in the last quarter. Finally, Summit Financial LLC purchased a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter worth approximately $270,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SJNK stock opened at $25.46 on Friday. The stock has a market cap of $4.96 billion, a P/E ratio of 0.90 and a beta of 0.36. The firm has a 50 day simple moving average of $25.48 and a 200 day simple moving average of $25.22. SPDR Bloomberg Short Term High Yield Bond ETF has a 52 week low of $23.92 and a 52 week high of $25.70.

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.