Csenge Advisory Group raised its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 295.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,768 shares of the exchange traded fund’s stock after acquiring an additional 42,423 shares during the period. Csenge Advisory Group owned approximately 0.07% of SPDR Bloomberg High Yield Bond ETF worth $5,445,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $32,000. Key Financial Inc purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $34,000. Truvestments Capital LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 73.9% in the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 212 shares during the period. Beacon Capital Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $56,000. Finally, Realta Investment Advisors raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 38.5% in the first quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 171 shares in the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Bloomberg High Yield Bond ETF Trading Down 0.0%
Shares of NYSEARCA JNK opened at $96.56 on Wednesday. The stock has a market cap of $8.06 billion, a P/E ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The business’s fifty day simple moving average is $97.50 and its 200-day simple moving average is $96.57.
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.
Featured Articles
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Affirm’s New York Life Deal: A Game-Changing Stamp of Approval
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- 3 Potential Scenarios to Watch for in D-Wave’s Earnings Report
- Quiet Period Expirations Explained
- Eli Lilly Posts Stellar Q3: Long-Term Upside Is Well in Play
Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
