Clarity Financial LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,100 shares of the exchange traded fund’s stock, valued at approximately $205,000.
Several other institutional investors and hedge funds also recently made changes to their positions in JNK. Redmont Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $25,000. GHP Investment Advisors Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $29,000. Creative Financial Designs Inc. ADV bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $30,000. Olistico Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $35,000. Finally, Blue Trust Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 285 shares during the period. Institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Price Performance
Shares of NYSEARCA JNK opened at $96.24 on Wednesday. The business has a 50-day moving average of $96.84 and a 200-day moving average of $95.44. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.22 and a 12 month 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.
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