Financial & Tax Architects LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 50,195 shares of the exchange traded fund’s stock, valued at approximately $4,792,000. Financial & Tax Architects LLC owned approximately 0.06% of SPDR Bloomberg High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $37,000. Blue Trust Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 235.5% in the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares during the period. Fortitude Family Office LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $50,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $61,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Performance
JNK traded up $0.08 during trading on Friday, reaching $96.45. The stock had a trading volume of 3,528,766 shares, compared to its average volume of 2,661,967. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90. The stock has a 50 day moving average of $96.26 and a two-hundred day moving average of $96.21.
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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