SPDR Bloomberg High Yield Bond ETF $JNK Shares Newly Acquired by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp acquired 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 filing with the SEC. The fund acquired 5,682 shares of the exchange traded fund’s stock, valued at approximately $527,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Talon Private Wealth LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 24.6% in the second quarter. Talon Private Wealth LLC now owns 41,170 shares of the exchange traded fund’s stock worth $3,968,000 after purchasing an additional 8,130 shares during the last quarter. Tucker Asset Management LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 1,398.2% during the 2nd quarter. Tucker Asset Management LLC now owns 8,495 shares of the exchange traded fund’s stock worth $819,000 after buying an additional 7,928 shares during the last quarter. Blue Capital Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at approximately $766,000. Continuum Advisory LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at approximately $790,000. Finally, Silverleafe Capital Partners LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $15,118,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $92.66 on Tuesday. The business’s 50-day moving average is $94.08 and its two-hundred day moving average is $95.84. The company has a market capitalization of $5.64 billion, a P/E ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $91.71 and a fifty-two week high of $98.08.

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.