Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 375 shares of the exchange traded fund’s stock, valued at approximately $37,000.
Several other institutional investors have also recently made changes to their positions in JNK. Advisors Asset Management Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 54.8% in the first quarter. Advisors Asset Management Inc. now owns 3,061 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 1,084 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 11.6% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 24,200 shares of the exchange traded fund’s stock worth $2,188,000 after buying an additional 2,521 shares during the last quarter. Hancock Whitney Corp bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter valued at approximately $416,000. Cetera Investment Advisers increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 414.5% during the first quarter. Cetera Investment Advisers now owns 292,280 shares of the exchange traded fund’s stock valued at $27,825,000 after acquiring an additional 235,473 shares during the last quarter. Finally, Cetera Advisors LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 163.7% during the first quarter. Cetera Advisors LLC now owns 47,028 shares of the exchange traded fund’s stock worth $4,477,000 after acquiring an additional 29,193 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Performance
Shares of NYSEARCA:JNK opened at $97.14 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $91.90 and a 1 year high of $97.90. The business has a fifty day moving average price of $96.83 and a two-hundred day moving average price of $95.74.
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.
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