Catalyst Financial Partners LLC Increases Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Catalyst Financial Partners LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,770 shares of the exchange traded fund’s stock after acquiring an additional 139 shares during the period. Catalyst Financial Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $564,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 83.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock valued at $6,174,000 after buying an additional 29,844 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% in the first quarter. Oppenheimer & Co. Inc. now owns 7,881 shares of the exchange traded fund’s stock worth $750,000 after acquiring an additional 952 shares during the last quarter. Capstone Investment Advisors LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 8.8% during the first quarter. Capstone Investment Advisors LLC now owns 181,401 shares of the exchange traded fund’s stock valued at $17,269,000 after acquiring an additional 14,600 shares during the last quarter. &PARTNERS purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth about $491,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 15.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 304,434 shares of the exchange traded fund’s stock valued at $28,699,000 after purchasing an additional 40,997 shares during the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK opened at $96.48 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $88.56 and a 12-month high of $97.90. The company’s 50-day moving average is $96.89 and its two-hundred day moving average is $95.33.

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.