Austin Private Wealth LLC Purchases 10,095 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Austin Private Wealth LLC grew its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 246.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,183 shares of the exchange traded fund’s stock after purchasing an additional 10,095 shares during the period. Austin Private Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,354,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of JNK. Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 45,582 shares of the exchange traded fund’s stock valued at $4,297,000 after acquiring an additional 1,297 shares during the last quarter. Truist Financial Corp increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.8% in the second quarter. Truist Financial Corp now owns 77,898 shares of the exchange traded fund’s stock valued at $7,343,000 after acquiring an additional 581 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at about $3,891,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $61,000. Finally, Somnio Financial Group LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.5% in the third quarter. Somnio Financial Group LLC now owns 79,132 shares of the exchange traded fund’s stock valued at $7,738,000 after acquiring an additional 3,379 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 $96.76 on Friday. The business’s 50 day moving average price is $96.29 and its two-hundred day moving average price is $96.36. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90.

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.