Oppenheimer & Co. Inc. Purchases 10,405 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Oppenheimer & Co. Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,405 shares of the exchange traded fund’s stock, valued at approximately $965,000.

Several other large investors also recently made changes to their positions in the stock. Toth Financial Advisory Corp acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $28,000. Ascentis Independent Advisors bought a new position in SPDR Bloomberg High Yield Bond ETF in the 1st quarter valued at about $29,000. NFSG Corp lifted its position 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 acquiring an additional 141 shares during the last quarter. Eastern Bank acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $35,000. Finally, Brown Lisle Cummings Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 74.4% in the second quarter. Brown Lisle Cummings Inc. now owns 497 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 212 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.8%

NYSEARCA JNK opened at $92.26 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.71 and a 12-month high of $98.03. The firm has a 50-day moving average price of $93.79 and a two-hundred day moving average price of $95.72. The company has a market capitalization of $5.99 billion, a P/E ratio of 19.96 and a beta of 0.42.

SPDR Bloomberg High Yield Bond ETF Company 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.