Proathlete Wealth Management LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,371 shares of the exchange traded fund’s stock, valued at approximately $225,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV increased its position in SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after buying an additional 126 shares during the period. Idaho Trust Bank increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 198.3% in the 4th quarter. Idaho Trust Bank now owns 86,839 shares of the exchange traded fund’s stock valued at $8,226,000 after acquiring an additional 57,725 shares during the period. Adams Wealth Management purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $540,000. NewSquare Capital LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 82.2% during the 4th quarter. NewSquare Capital LLC now owns 174,955 shares of the exchange traded fund’s stock worth $16,450,000 after purchasing an additional 78,942 shares during the period. Finally, Counterpoint Mutual Funds LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 4.9% during the 4th quarter. Counterpoint Mutual Funds LLC now owns 18,637 shares of the exchange traded fund’s stock worth $1,765,000 after purchasing an additional 879 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.
SPDR Bloomberg High Yield Bond ETF Stock Performance
NYSEARCA JNK opened at $94.15 on Friday. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $95.59. The firm’s fifty day moving average is $93.94 and its two-hundred day moving average is $94.24.
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.
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