115,756 Shares in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 115,756 shares of the exchange traded fund’s stock, valued at approximately $11,051,000.

Other hedge funds have also recently bought and sold shares of the company. Valley National Advisers Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $29,000. Creative Financial Designs Inc. ADV raised its holdings in SPDR Bloomberg High Yield Bond ETF by 38.8% in 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. Realta Investment Advisors raised its holdings in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 210 shares during the period. Transce3nd LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $53,000. Finally, Aptus Capital Advisors LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 75.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,082 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 465 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $94.55 on Monday. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.41 and a one year high of $97.90. The company’s 50 day moving average price is $94.47 and its 200 day moving average price is $95.73. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 19.81 and a beta of 0.43.

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.