LFA Lugano Financial Advisors SA Invests $946,000 in SPDR Bloomberg Barclays Short Term High Yield Bond ETF (SJNK)

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LFA Lugano Financial Advisors SA purchased a new position in shares of SPDR Bloomberg Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 34,915 shares of the company’s stock, valued at approximately $946,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wells Fargo & Company MN raised its position in SPDR Bloomberg Barclays Short Term High Yield Bond ETF by 7.4% during the second quarter. Wells Fargo & Company MN now owns 3,074,778 shares of the company’s stock worth $83,910,000 after acquiring an additional 210,626 shares during the period. Assetmark Inc. raised its position in SPDR Bloomberg Barclays Short Term High Yield Bond ETF by 7.9% during the second quarter. Assetmark Inc. now owns 875,416 shares of the company’s stock worth $23,890,000 after acquiring an additional 63,864 shares during the period. FormulaFolio Investments LLC acquired a new position in SPDR Bloomberg Barclays Short Term High Yield Bond ETF during the second quarter worth $9,794,000. BTS Asset Management Inc. acquired a new stake in shares of SPDR Bloomberg Barclays Short Term High Yield Bond ETF in the second quarter valued at about $7,363,000. Finally, State of Tennessee Treasury Department raised its position in shares of SPDR Bloomberg Barclays Short Term High Yield Bond ETF by 44.3% in the first quarter. State of Tennessee Treasury Department now owns 254,400 shares of the company’s stock valued at $6,963,000 after buying an additional 78,100 shares during the last quarter.

SPDR Bloomberg Barclays Short Term High Yield Bond ETF stock traded up $0.10 during midday trading on Friday, hitting $27.29. 8,076,065 shares of the stock were exchanged, compared to its average volume of 1,989,071. SPDR Bloomberg Barclays Short Term High Yield Bond ETF has a fifty-two week low of $26.94 and a fifty-two week high of $27.99.

The business also recently announced a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were paid a dividend of $0.1279 per share. This represents a $1.54 annualized dividend and a yield of 5.62%. The ex-dividend date was Monday, October 1st. This is a positive change from SPDR Bloomberg Barclays Short Term High Yield Bond ETF’s previous monthly dividend of $0.13.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays Short Term High Yield Bond ETF (NYSEARCA:SJNK)

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