Stanich Group LLC Makes New Investment in SPDR Bloomberg High Yield Bond ETF $JNK

Stanich Group LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 9,378 shares of the exchange traded fund’s stock, valued at approximately $870,000. SPDR Bloomberg High Yield Bond ETF makes up about 0.4% of Stanich Group LLC’s investment portfolio, making the stock its 28th biggest position.

Several other large investors also recently bought and sold shares of the stock. Signal Advisors Wealth LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 65.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 18,735 shares of the exchange traded fund’s stock valued at $1,793,000 after buying an additional 7,428 shares during the last quarter. Talon Private Wealth LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 24.6% during the 2nd quarter. Talon Private Wealth LLC now owns 41,170 shares of the exchange traded fund’s stock worth $3,968,000 after acquiring an additional 8,130 shares in the last quarter. World Investment Advisors lifted its position in SPDR Bloomberg High Yield Bond ETF by 31.4% in the fourth quarter. World Investment Advisors now owns 32,946 shares of the exchange traded fund’s stock valued at $3,203,000 after acquiring an additional 7,874 shares during the last quarter. Blue Capital Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $766,000. Finally, Tucker Asset Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 1,398.2% in the second quarter. Tucker Asset Management LLC now owns 8,495 shares of the exchange traded fund’s stock valued at $819,000 after acquiring an additional 7,928 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK traded down $0.37 during trading hours on Friday, hitting $92.28. The company had a trading volume of 3,732,009 shares, compared to its average volume of 4,094,672. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.71 and a 1-year high of $98.08. The company has a market cap of $5.69 billion, a PE ratio of 19.96 and a beta of 0.42. The business has a 50 day moving average of $94.48 and a 200-day moving average of $95.56.

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.