Sachetta LLC Grows Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Sachetta LLC lifted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 14.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,578 shares of the exchange traded fund’s stock after purchasing an additional 202 shares during the quarter. Sachetta LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $151,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of JNK. BNP Paribas Financial Markets boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 437.8% in the 4th quarter. BNP Paribas Financial Markets now owns 373,230 shares of the exchange traded fund’s stock valued at $35,356,000 after purchasing an additional 303,832 shares in the last quarter. Ieq Capital LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.2% during the fourth quarter. Ieq Capital LLC now owns 30,213 shares of the exchange traded fund’s stock valued at $2,862,000 after buying an additional 659 shares during the last quarter. Quotient Wealth Partners LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth about $48,448,000. Beacon Pointe Advisors LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4.4% in the 4th quarter. Beacon Pointe Advisors LLC now owns 4,755 shares of the exchange traded fund’s stock valued at $450,000 after acquiring an additional 201 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 13.6% during the 4th quarter. Meridian Wealth Management LLC now owns 17,530 shares of the exchange traded fund’s stock valued at $1,661,000 after acquiring an additional 2,094 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of JNK stock opened at $96.70 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $87.79 and a fifty-two week high of $96.96. The stock has a 50 day moving average price of $95.57 and a two-hundred day moving average price of $94.70.

SPDR Bloomberg High Yield Bond ETF Company 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.