107,362 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 107,362 shares of the exchange traded fund’s stock, valued at approximately $9,958,000. Park Avenue Securities LLC owned approximately 0.18% of SPDR Bloomberg High Yield Bond ETF at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in JNK. Banque Cantonale Vaudoise increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% in the first quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock worth $88,000 after purchasing an additional 108 shares in the last quarter. Stephens Inc. AR raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% during the 1st quarter. Stephens Inc. AR now owns 19,034 shares of the exchange traded fund’s stock valued at $1,822,000 after purchasing an additional 132 shares during the period. Gibbs Wealth Management raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.7% during the 3rd quarter. Gibbs Wealth Management now owns 5,238 shares of the exchange traded fund’s stock valued at $486,000 after purchasing an additional 139 shares during the period. NFSG Corp raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 78.3% during the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 141 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% during the 1st quarter. Parallel Advisors LLC now owns 2,599 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 148 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 Stock Performance

JNK opened at $93.21 on Wednesday. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. The firm’s fifty day moving average is $94.03 and its 200 day moving average is $95.82. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $91.71 and a fifty-two week high of $98.03.

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.