SPDR Bloomberg High Yield Bond ETF $JNK Shares Newly Acquired by Private Client Services LLC

Private Client Services LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,602 shares of the exchange traded fund’s stock, valued at approximately $1,540,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JNK. Brown Lisle Cummings Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth approximately $27,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter worth approximately $29,000. NFSG Corp boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 78.3% in the first quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 141 shares during the last quarter. Evolution Wealth Management Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 104.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 342 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 175 shares in the last quarter. Finally, Prestige Wealth Management Group LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth approximately $35,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK traded up $0.10 during mid-day trading on Friday, hitting $92.40. The stock had a trading volume of 2,682,789 shares, compared to its average volume of 4,094,977. The firm’s 50 day moving average is $95.13 and its 200 day moving average is $95.77. The stock has a market capitalization of $6.60 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.71 and a twelve month high of $98.08.

SPDR Bloomberg High Yield Bond ETF 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.