SPDR Bloomberg High Yield Bond ETF $JNK Shares Bought by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 17.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,363 shares of the exchange traded fund’s stock after buying an additional 6,601 shares during the period. UNIVEST FINANCIAL Corp owned about 0.06% of SPDR Bloomberg High Yield Bond ETF worth $4,246,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID acquired a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $26,000. Brown Lisle Cummings Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the first quarter valued at $27,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 1st quarter worth approximately $29,000. Evolution Wealth Management Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 104.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 342 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 175 shares during the last quarter. Finally, Prestige Wealth Management Group LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1%

Shares of SPDR Bloomberg High Yield Bond ETF stock traded down $0.07 during trading on Friday, reaching $95.93. 2,389,202 shares of the company were exchanged, compared to its average volume of 4,439,521. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24. The firm has a market capitalization of $7.43 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. The business has a 50-day moving average price of $96.19 and a 200-day moving average price of $96.62.

About SPDR Bloomberg High Yield Bond ETF

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.