Livet Wealth LLC Acquires New Position in SPDR Bloomberg High Yield Bond ETF $JNK

Livet Wealth LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,568 shares of the exchange traded fund’s stock, valued at approximately $638,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Laurel Oak Wealth Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $612,000. Rossby Financial LCC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9.2% during the fourth quarter. Rossby Financial LCC now owns 21,064 shares of the exchange traded fund’s stock valued at $2,048,000 after buying an additional 1,768 shares during the period. HRT Financial LP purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $12,812,000. Orion Porfolio Solutions LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 10.7% during the fourth quarter. Orion Porfolio Solutions LLC now owns 4,242 shares of the exchange traded fund’s stock valued at $412,000 after buying an additional 410 shares during the period. Finally, Quantum Portfolio Management LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 14.7% during the fourth quarter. Quantum Portfolio Management LLC now owns 16,365 shares of the exchange traded fund’s stock valued at $1,591,000 after buying an additional 2,100 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $96.30 on Friday. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. The company’s 50 day simple moving average is $96.34 and its 200 day simple moving average is $96.76. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $94.49 and a 1 year 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.