434 Shares in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Purchased by Transcendent Capital Group LLC

Transcendent Capital Group LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 434 shares of the exchange traded fund’s stock, valued at approximately $41,000.

Several other institutional investors have also bought and sold shares of JNK. Schroder Investment Management Group lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 4,254.2% in the third quarter. Schroder Investment Management Group now owns 979,690 shares of the exchange traded fund’s stock worth $88,564,000 after purchasing an additional 957,190 shares during the period. Toews Corp ADV acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $69,939,000. Quotient Wealth Partners LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $48,448,000. Aristotle Pacific Capital LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 714.2% in the 4th quarter. Aristotle Pacific Capital LLC now owns 509,958 shares of the exchange traded fund’s stock valued at $48,308,000 after acquiring an additional 447,322 shares during the last quarter. Finally, Wright Fund Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 9.5% in the 3rd quarter. Wright Fund Management LLC now owns 4,796,606 shares of the exchange traded fund’s stock valued at $433,613,000 after acquiring an additional 416,798 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK traded down $0.38 on Friday, reaching $94.15. The company’s stock had a trading volume of 3,429,225 shares, compared to its average volume of 3,216,448. The firm’s 50 day moving average is $93.94 and its two-hundred day moving average is $94.23. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $95.59.

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.