CacheTech Inc. Has $584,000 Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

CacheTech Inc. lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,976 shares of the exchange traded fund’s stock after selling 393 shares during the quarter. CacheTech Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $584,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth about $25,000. GHP Investment Advisors Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $29,000. Creative Financial Designs Inc. ADV acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $30,000. Olistico Wealth LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at about $35,000. Finally, Blue Trust Inc. grew its position in shares of 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 valued at $38,000 after purchasing an additional 285 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.0 %

JNK stock opened at $95.74 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $89.72 and a fifty-two week high of $97.90. The business’s fifty day moving average price is $96.86 and its two-hundred day moving average price is $95.36.

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.