Raleigh Capital Management Inc. Has $4.30 Million Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Raleigh Capital Management Inc. increased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 154.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,032 shares of the exchange traded fund’s stock after purchasing an additional 27,331 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up 1.7% of Raleigh Capital Management Inc.’s portfolio, making the stock its 10th largest holding. Raleigh Capital Management Inc. owned approximately 0.06% of SPDR Bloomberg High Yield Bond ETF worth $4,299,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JNK. World Investment Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 978.9% during the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock valued at $2,281,000 after acquiring an additional 21,163 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock valued at $1,527,000 after acquiring an additional 859 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after acquiring an additional 567 shares during the period. Aletheian Wealth Advisors LLC lifted its holdings in shares of 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 valued at $1,015,000 after acquiring an additional 604 shares during the period. Finally, Bank of Montreal Can lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 9.0% during the third quarter. Bank of Montreal Can now owns 54,119 shares of the exchange traded fund’s stock valued at $5,292,000 after acquiring an additional 4,449 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $96.57 on Thursday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90. The business has a fifty day moving average of $96.25 and a 200-day moving average of $96.27.

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.