One Capital Management LLC Purchases 2,973 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

One Capital Management LLC increased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 159,598 shares of the exchange traded fund’s stock after acquiring an additional 2,973 shares during the period. One Capital Management LLC owned about 0.18% of SPDR Bloomberg High Yield Bond ETF worth $15,045,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Redmont Wealth Advisors LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at $25,000. GHP Investment Advisors Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at about $29,000. Olistico Wealth LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $35,000. Transcendent Capital Group LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $41,000. Finally, Beaird Harris Wealth Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $47,000. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %

NYSEARCA:JNK opened at $97.05 on Monday. The company has a 50 day simple moving average of $95.76 and a two-hundred day simple moving average of $94.76. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $87.79 and a 12 month high of $97.11.

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.