10,200 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Purchased by Sunbeam Capital Management LLC

Sunbeam Capital Management LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 3rd quarter, HoldingsChannel reports. The firm bought 10,200 shares of the exchange traded fund’s stock, valued at approximately $999,000.

A number of other large investors also recently made changes to their positions in JNK. True Vision MN LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $266,000. Stephens Inc. AR increased its stake in SPDR Bloomberg High Yield Bond ETF by 3.7% in the 3rd quarter. Stephens Inc. AR now owns 19,829 shares of the exchange traded fund’s stock valued at $1,943,000 after buying an additional 716 shares during the period. TD Private Client Wealth LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 45.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 11,255 shares of the exchange traded fund’s stock valued at $1,103,000 after buying an additional 3,510 shares during the period. Sovereign Investment Advisors LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 1.7% in the 3rd quarter. Sovereign Investment Advisors LLC now owns 47,976 shares of the exchange traded fund’s stock worth $4,701,000 after buying an additional 786 shares in the last quarter. Finally, Covenant Partners LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.4% during the 3rd quarter. Covenant Partners LLC now owns 9,158 shares of the exchange traded fund’s stock valued at $897,000 after buying an additional 299 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.0%

SPDR Bloomberg High Yield Bond ETF stock opened at $97.74 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.40 and a 12 month high of $98.24. The stock has a market cap of $7.67 billion, a P/E ratio of 19.96 and a beta of 0.42. The company’s fifty day simple moving average is $97.14 and its 200-day simple moving average is $97.17.

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.