SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC boosted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 14.8% in the 1st quarter, Holdings Channel reports. The firm owned 3,298 shares of the exchange traded fund’s stock after acquiring an additional 426 shares during the quarter. Daymark Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $314,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $34,000. Creative Financial Designs Inc. ADV raised its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 118 shares during the last quarter. Transce3nd LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $53,000. Mascagni Wealth Management Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $69,000. Finally, Aptus Capital Advisors LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 75.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,082 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 465 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2%

Shares of JNK opened at $95.93 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.41 and a 52-week high of $97.90. The company has a market capitalization of $7.05 billion, a PE ratio of 19.81 and a beta of 0.43. The stock has a fifty day simple moving average of $94.50 and a two-hundred day simple moving average of $95.59.

About SPDR Bloomberg High Yield Bond ETF

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.