SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stock Position Decreased by CacheTech Inc.

CacheTech Inc. cut its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,554 shares of the exchange traded fund’s stock after selling 422 shares during the period. CacheTech Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $530,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JNK. Integrated Capital Management LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 1.6% during the 4th quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock worth $645,000 after purchasing an additional 105 shares in the last quarter. Auour Investments LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.5% during the fourth quarter. Auour Investments LLC now owns 7,492 shares of the exchange traded fund’s stock valued at $725,000 after buying an additional 108 shares in the last quarter. Creative Financial Designs Inc. ADV raised its position in SPDR Bloomberg High Yield Bond ETF by 38.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 118 shares during the period. BlueSky Wealth Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 0.4% in the 4th quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock worth $2,929,000 after acquiring an additional 129 shares in the last quarter. Finally, VisionPoint Advisory Group LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 5.1% during the 4th quarter. VisionPoint Advisory Group LLC now owns 2,692 shares of the exchange traded fund’s stock valued at $258,000 after acquiring an additional 131 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK opened at $92.93 on Tuesday. The business’s 50-day moving average is $95.37 and its 200-day moving average is $96.08. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 19.36 and a beta of 0.43. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $90.41 and a fifty-two week 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.