SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Holdings Boosted by Somnio Financial Group LLC

Somnio Financial Group LLC grew its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.6% during the 4th quarter, Holdings Channel reports. The firm owned 84,372 shares of the exchange traded fund’s stock after purchasing an additional 5,240 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up approximately 6.4% of Somnio Financial Group LLC’s investment portfolio, making the stock its 7th largest position. Somnio Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $8,055,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $30,000. GHP Investment Advisors Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $29,000. Truvestments Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth $37,000. Blue Trust Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 285 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $50,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of JNK traded up $0.21 during mid-day trading on Thursday, reaching $95.68. The stock had a trading volume of 2,148,040 shares, compared to its average volume of 4,131,610. The business’s fifty day moving average is $96.40 and its 200 day moving average is $96.10. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90.

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.