Raleigh Capital Management Inc. Buys 12,044 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Raleigh Capital Management Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 129.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,320 shares of the exchange traded fund’s stock after acquiring an additional 12,044 shares during the period. Raleigh Capital Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,041,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Advisory Alpha LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 1.5% in the fourth quarter. Advisory Alpha LLC now owns 6,920 shares of the exchange traded fund’s stock valued at $673,000 after purchasing an additional 105 shares in the last quarter. Sharper & Granite LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.7% during the 4th quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock worth $618,000 after purchasing an additional 107 shares in the last quarter. Banque Cantonale Vaudoise grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% in the 1st quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock valued at $88,000 after buying an additional 108 shares during the period. Parallel Advisors LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,656 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 120 shares during the period. Finally, Clearstead Advisors LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 8.9% in the 4th quarter. Clearstead Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 122 shares in the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $95.99 on Friday. The business has a 50-day simple moving average of $96.26 and a 200 day simple moving average of $96.66. SPDR Bloomberg High Yield Bond ETF has a one year low of $94.49 and a one year high of $98.24. The firm has a market capitalization of $7.44 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41.

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.