Csenge Advisory Group cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 88.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,083 shares of the exchange traded fund’s stock after selling 31,313 shares during the period. Csenge Advisory Group’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $379,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Talon Private Wealth LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 24.6% during the second quarter. Talon Private Wealth LLC now owns 41,170 shares of the exchange traded fund’s stock worth $3,968,000 after buying an additional 8,130 shares in the last quarter. Tucker Asset Management LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 1,398.2% during the second quarter. Tucker Asset Management LLC now owns 8,495 shares of the exchange traded fund’s stock valued at $819,000 after acquiring an additional 7,928 shares during the period. Silverleafe Capital Partners LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter valued at about $15,118,000. Continuum Advisory LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $790,000. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 189.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 593,914 shares of the exchange traded fund’s stock valued at $57,236,000 after acquiring an additional 388,579 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Trading Down 0.1%
Shares of JNK stock opened at $92.32 on Friday. The stock has a 50 day moving average of $93.23 and a two-hundred day moving average of $95.49. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $91.71 and a 12 month high of $98.03. The company has a market capitalization of $6.25 billion, a P/E ratio of 19.96 and a beta of 0.43.
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.
Recommended Stories
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report).
Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
