Crabel Capital Management LLC Has $13.58 Million Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Crabel Capital Management LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 211.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 139,561 shares of the exchange traded fund’s stock after buying an additional 94,722 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises 8.3% of Crabel Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding. Crabel Capital Management LLC owned approximately 0.17% of SPDR Bloomberg High Yield Bond ETF worth $13,575,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Garner Asset Management Corp boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 81.1% during the 2nd quarter. Garner Asset Management Corp now owns 11,630 shares of the exchange traded fund’s stock valued at $1,131,000 after acquiring an additional 5,208 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 34.7% during the second quarter. J.W. Cole Advisors Inc. now owns 12,495 shares of the exchange traded fund’s stock worth $1,215,000 after purchasing an additional 3,222 shares during the period. CreativeOne Wealth LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 59.4% during the second quarter. CreativeOne Wealth LLC now owns 22,038 shares of the exchange traded fund’s stock valued at $2,144,000 after purchasing an additional 8,210 shares in the last quarter. Jefferies Financial Group Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.9% during the second quarter. Jefferies Financial Group Inc. now owns 58,513 shares of the exchange traded fund’s stock valued at $5,692,000 after purchasing an additional 519 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $1,942,000. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $97.57 on Thursday. The firm has a market cap of $8.16 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $98.24. The stock’s 50 day simple moving average is $97.27 and its 200 day simple moving average is $96.82.

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.