34,154 Shares in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Acquired by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 34,154 shares of the exchange traded fund’s stock, valued at approximately $3,340,000.

Several other institutional investors have also recently added to or reduced their stakes in JNK. Redmont Wealth Advisors LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at approximately $29,000. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $30,000. Olistico Wealth LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $35,000. Finally, Truvestments Capital LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at approximately $37,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $97.36 on Monday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $91.96 and a 52 week high of $97.90. The business has a 50 day moving average price of $96.81 and a 200-day moving average price of $95.79.

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.