GWN Securities Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,129 shares of the exchange traded fund’s stock, valued at approximately $206,000.
Other large investors also recently modified their holdings of the company. Valley National Advisers Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $29,000. Truvestments Capital LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $37,000. Realta Investment Advisors boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 89.7% in the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 210 shares during the period. Boyd Watterson Asset Management LLC OH boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 1,500 shares during the period. Finally, Continuum Advisory LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 254.2% in the 3rd quarter. Continuum Advisory LLC now owns 1,679 shares of the exchange traded fund’s stock worth $162,000 after buying an additional 1,205 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %
JNK opened at $95.41 on Wednesday. The company has a 50 day moving average of $96.30 and a 200 day moving average of $96.50. The company has a market cap of $8.61 billion, a PE ratio of 20.14 and a beta of 0.48. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90.
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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