Talon Private Wealth LLC Has $3.97 Million Stock Position in SPDR Bloomberg High Yield Bond ETF $JNK

Talon Private Wealth LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 24.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,170 shares of the exchange traded fund’s stock after purchasing an additional 8,130 shares during the period. Talon Private Wealth LLC owned approximately 0.06% of SPDR Bloomberg High Yield Bond ETF worth $3,968,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Signal Advisors Wealth LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 65.7% during the first quarter. Signal Advisors Wealth LLC now owns 18,735 shares of the exchange traded fund’s stock worth $1,793,000 after buying an additional 7,428 shares during the last quarter. Everstar Asset Management LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $6,716,000. World Investment Advisors raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 31.4% in the 4th quarter. World Investment Advisors now owns 32,946 shares of the exchange traded fund’s stock valued at $3,203,000 after acquiring an additional 7,874 shares during the period. TD Asset Management Inc acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at approximately $80,090,000. Finally, Hibernia Wealth Partners LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 103.4% during the 4th quarter. Hibernia Wealth Partners LLC now owns 128,660 shares of the exchange traded fund’s stock worth $12,507,000 after acquiring an additional 65,393 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.0%

NYSEARCA JNK traded down $0.02 during trading on Friday, reaching $94.61. 1,963,201 shares of the stock traded hands, compared to its average volume of 3,970,054. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. The stock’s 50-day moving average price is $95.73 and its 200 day moving average price is $96.05. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $94.49 and a fifty-two week high of $98.24.

About SPDR Bloomberg High Yield Bond ETF

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.