Private Client Services LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,602 shares of the exchange traded fund’s stock, valued at approximately $1,540,000.
A number of other institutional investors have also bought and sold shares of the business. Banque Cantonale Vaudoise boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% during the 1st quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock worth $88,000 after purchasing an additional 108 shares during the last quarter. Intergy Private Wealth LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.9% in the first quarter. Intergy Private Wealth LLC now owns 3,337 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 125 shares during the last quarter. Stephens Inc. AR lifted its position in SPDR Bloomberg High Yield Bond ETF by 0.7% during the first quarter. Stephens Inc. AR now owns 19,034 shares of the exchange traded fund’s stock worth $1,822,000 after buying an additional 132 shares in the last quarter. Wealthgarden F.S. LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 2.4% during the fourth quarter. Wealthgarden F.S. LLC now owns 5,812 shares of the exchange traded fund’s stock worth $569,000 after buying an additional 137 shares in the last quarter. Finally, NFSG Corp boosted its stake in SPDR Bloomberg High Yield Bond ETF by 78.3% during the first quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 141 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.
SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%
NYSEARCA:JNK traded up $0.10 during trading hours on Friday, hitting $92.40. The company had a trading volume of 2,682,789 shares, compared to its average volume of 4,094,977. The company has a 50-day moving average of $95.13 and a 200 day moving average of $95.77. The company has a market cap of $6.60 billion, a P/E ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $91.71 and a 1 year high of $98.08.
SPDR Bloomberg High Yield Bond ETF Profile
SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.
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