Capital CS Group LLC Increases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Capital CS Group LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,210 shares of the exchange traded fund’s stock after buying an additional 652 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises approximately 1.0% of Capital CS Group LLC’s portfolio, making the stock its 12th biggest holding. Capital CS Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $868,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 126 shares during the period. Founders Financial Securities LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.8% in the first quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock worth $460,000 after buying an additional 130 shares during the last quarter. Azimuth Capital Investment Management LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 6.2% during the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock worth $232,000 after acquiring an additional 143 shares in the last quarter. Petix & Botte Co lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.4% during the fourth quarter. Petix & Botte Co now owns 3,088 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 157 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 0.8% during the fourth quarter. Perigon Wealth Management LLC now owns 22,584 shares of the exchange traded fund’s stock valued at $2,139,000 after buying an additional 170 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock traded down $0.02 on Friday, hitting $95.05. 8,261,062 shares of the stock traded hands, compared to its average volume of 4,698,980. The company’s fifty day moving average is $94.71 and its 200 day moving average is $94.43. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $87.79 and a 1-year high of $95.89.

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.