SBI Securities Co. Ltd. Invests $1.94 Million in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

SBI Securities Co. Ltd. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 4th quarter, Holdings Channel reports. The fund purchased 20,356 shares of the exchange traded fund’s stock, valued at approximately $1,943,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Valley National Advisers Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $29,000. Creative Financial Designs Inc. ADV bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at $30,000. Truvestments Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $37,000. Realta Investment Advisors boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% during the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 210 shares in the last quarter. Finally, ESL Trust Services LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $75,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %

Shares of JNK opened at $97.12 on Monday. The business has a 50-day simple moving average of $96.27 and a two-hundred day simple moving average of $96.57. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90.

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.