MidWestOne Financial Group Inc. Has $1.28 Million Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

MidWestOne Financial Group Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 18.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,128 shares of the exchange traded fund’s stock after purchasing an additional 2,050 shares during the quarter. MidWestOne Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,284,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in JNK. First Horizon Advisors Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 11.5% during the second quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 121 shares in the last quarter. Private Client Services LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.2% during the 2nd quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock valued at $233,000 after acquiring an additional 123 shares during the period. Catalyst Financial Partners LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.5% during the 3rd quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock worth $564,000 after purchasing an additional 139 shares in the last quarter. Hancock Whitney Corp increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.2% in the second quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 142 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 3.5% in the second 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 in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.97 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90. The firm’s 50-day moving average price is $96.72 and its two-hundred day moving average price is $95.91.

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.