SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Sets New 12-Month High at $95.72

SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $95.72 and last traded at $95.61, with a volume of 415123 shares changing hands. The stock had previously closed at $95.54.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.0 %

The stock’s fifty day moving average is $94.52 and its 200 day moving average is $94.40.

Institutional Investors Weigh In On SPDR Bloomberg High Yield Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 11.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 121 shares during the period. Nations Financial Group Inc. IA ADV increased its position in SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after purchasing an additional 126 shares during the period. Founders Financial Securities LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 2.8% during the 1st quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 130 shares during the period. Azimuth Capital Investment Management LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 6.2% during the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock valued at $232,000 after purchasing an additional 143 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 3.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 152 shares during the period. 87.54% of the stock is currently owned by institutional investors.

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.