ESL Trust Services LLC Purchases New Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

ESL Trust Services LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 766 shares of the exchange traded fund’s stock, valued at approximately $75,000.

Several other institutional investors have also recently made changes to their positions in JNK. Benjamin F. Edwards & Company Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 83.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock valued at $6,174,000 after buying an additional 29,844 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 13.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 7,881 shares of the exchange traded fund’s stock valued at $750,000 after purchasing an additional 952 shares during the last quarter. &PARTNERS purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at approximately $491,000. Aletheian Wealth Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 6.2% during the third quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock worth $1,015,000 after purchasing an additional 604 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 15.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 304,434 shares of the exchange traded fund’s stock worth $28,699,000 after acquiring an additional 40,997 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $97.07 on Friday. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.22 and a one year high of $97.90. The firm has a 50 day simple moving average of $96.84 and a 200-day simple moving average of $95.50.

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.