Private Client Services LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 3,264 shares of the exchange traded fund’s stock, valued at approximately $309,000.
Other institutional investors also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter valued at about $28,000. Fairfield Bush & CO. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth approximately $37,000. Clearstead Advisors LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 862.1% during the third quarter. Clearstead Advisors LLC now owns 558 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 500 shares during the last quarter. WealthShield Partners LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth approximately $55,000. Finally, FMR LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 274.0% during the first quarter. FMR LLC now owns 576 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 422 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.
SPDR Bloomberg High Yield Bond ETF Price Performance
Shares of NYSEARCA JNK opened at $92.72 on Tuesday. The business’s 50 day moving average price is $94.44 and its two-hundred day moving average price is $93.03. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $95.59.
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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