Strategic Blueprint LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,209 shares of the exchange traded fund’s stock, valued at approximately $215,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. North Capital Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter valued at about $30,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at approximately $32,000. Truvestments Capital LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 73.9% during the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 212 shares during the last quarter. Beacon Capital Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $56,000. Finally, Realta Investment Advisors grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 38.5% in the 1st quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Trading Up 0.3%
NYSEARCA:JNK opened at $98.02 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The stock’s 50 day simple moving average is $97.49 and its 200-day simple moving average is $96.36. The firm has a market cap of $8.28 billion, a P/E ratio of 19.96 and a beta of 0.42.
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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