ESG Planning DBA Harper Investing increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 10.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 109,096 shares of the exchange traded fund’s stock after acquiring an additional 10,580 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for approximately 4.6% of ESG Planning DBA Harper Investing’s investment portfolio, making the stock its 4th largest position. ESG Planning DBA Harper Investing’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $10,605,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Sharper & Granite LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.7% during the fourth quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock worth $618,000 after acquiring an additional 107 shares during the period. Clearstead Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 8.5% during the third quarter. Clearstead Advisors LLC now owns 1,377 shares of the exchange traded fund’s stock worth $135,000 after acquiring an additional 108 shares during the period. Parallel Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 4.7% during the third quarter. Parallel Advisors LLC now owns 2,656 shares of the exchange traded fund’s stock worth $260,000 after acquiring an additional 120 shares during the period. Banque Cantonale Vaudoise grew its holdings in SPDR Bloomberg High Yield Bond ETF by 17.5% during the third quarter. Banque Cantonale Vaudoise now owns 812 shares of the exchange traded fund’s stock worth $80,000 after acquiring an additional 121 shares during the period. Finally, Franklin Resources Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 13.3% during the second quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 124 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Stock Down 0.2%
NYSEARCA:JNK opened at $96.32 on Tuesday. The business’s 50-day moving average price is $96.17 and its 200 day moving average price is $96.91. The firm has a market cap of $7.29 billion, a P/E ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $94.49 and a 52-week high of $98.24.
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.
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