52,324 Shares of SPDR Bloomberg High Yield Bond ETF $JNK Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 52,324 shares of the exchange traded fund’s stock, valued at approximately $4,853,000.

A number of other institutional investors and hedge funds have also modified their holdings of JNK. Talon Private Wealth LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 24.6% during the 2nd quarter. Talon Private Wealth LLC now owns 41,170 shares of the exchange traded fund’s stock worth $3,968,000 after acquiring an additional 8,130 shares during the period. Tucker Asset Management LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 1,398.2% during the 2nd quarter. Tucker Asset Management LLC now owns 8,495 shares of the exchange traded fund’s stock valued at $819,000 after acquiring an additional 7,928 shares during the last quarter. Silverleafe Capital Partners LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $15,118,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 189.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 593,914 shares of the exchange traded fund’s stock valued at $57,236,000 after purchasing an additional 388,579 shares during the period. Finally, Continuum Advisory LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $790,000. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.2%

NYSEARCA:JNK opened at $92.98 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.71 and a 12-month high of $98.03. The firm has a market capitalization of $6.03 billion, a P/E ratio of 19.96 and a beta of 0.42. The stock’s fifty day simple moving average is $93.86 and its 200-day simple moving average is $95.75.

SPDR Bloomberg High Yield Bond ETF 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.