Surience Private Wealth LLC Buys New Stake in SPDR Bloomberg High Yield Bond ETF $JNK

Surience Private Wealth LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 27,390 shares of the exchange traded fund’s stock, valued at approximately $2,684,000. SPDR Bloomberg High Yield Bond ETF comprises 2.5% of Surience Private Wealth LLC’s holdings, making the stock its 13th largest position.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Franklin Resources Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% during the second quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 124 shares during the last quarter. Pure Financial Advisors LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% in the 2nd quarter. Pure Financial Advisors LLC now owns 11,438 shares of the exchange traded fund’s stock valued at $1,113,000 after purchasing an additional 136 shares during the period. Smartleaf Asset Management LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 4.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,845 shares of the exchange traded fund’s stock worth $373,000 after buying an additional 178 shares during the last quarter. Comerica Bank lifted its stake in SPDR Bloomberg High Yield Bond ETF by 0.5% in the first quarter. Comerica Bank now owns 41,472 shares of the exchange traded fund’s stock valued at $3,952,000 after buying an additional 194 shares during the last quarter. Finally, Western Wealth Management LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 7.6% during the 2nd quarter. Western Wealth Management LLC now owns 2,752 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 194 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $96.82 on Friday. 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 capitalization of $8.10 billion, a P/E ratio of 19.96 and a beta of 0.42. The business has a 50 day simple moving average of $97.11 and a 200-day simple moving average of $97.00.

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.