KFA Private Wealth Group LLC Purchases 6,483 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

KFA Private Wealth Group LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 14.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,473 shares of the exchange traded fund’s stock after buying an additional 6,483 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for approximately 1.5% of KFA Private Wealth Group LLC’s holdings, making the stock its 18th largest holding. KFA Private Wealth Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $5,142,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Key Financial Inc bought a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at approximately $34,000. Truvestments Capital LLC lifted its position 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 worth $48,000 after buying an additional 212 shares in the last quarter. Beacon Capital Management Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $52,000. Beacon Capital Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $56,000. Finally, Ameritas Advisory Services LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $60,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $97.17 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24. The stock has a 50-day simple moving average of $97.11 and a 200 day simple moving average of $96.98. The stock has a market capitalization of $8.13 billion, a P/E ratio of 19.96 and a beta of 0.42.

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.