Virtue Capital Management LLC Acquires 218 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Virtue Capital Management LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,700 shares of the exchange traded fund’s stock after buying an additional 218 shares during the quarter. Virtue Capital Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,731,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. MidWestOne Financial Group Inc. raised its position in SPDR Bloomberg High Yield Bond ETF by 18.5% during the third quarter. MidWestOne Financial Group Inc. now owns 13,128 shares of the exchange traded fund’s stock valued at $1,284,000 after purchasing an additional 2,050 shares during the period. Brophy Wealth Management LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at approximately $1,081,000. Continuum Advisory LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 254.2% during the 3rd quarter. Continuum Advisory LLC now owns 1,679 shares of the exchange traded fund’s stock valued at $162,000 after buying an additional 1,205 shares during the period. SGL Investment Advisors Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $613,000. Finally, Nomura Asset Management Co. Ltd. lifted its position in SPDR Bloomberg High Yield Bond ETF by 57.5% in the third quarter. Nomura Asset Management Co. Ltd. now owns 35,333 shares of the exchange traded fund’s stock worth $3,455,000 after buying an additional 12,900 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock opened at $96.97 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90. The firm’s fifty day simple moving average is $96.72 and its two-hundred day simple moving average is $95.93.

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.