Accurate Wealth Management LLC Acquires New Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Accurate Wealth Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,113 shares of the exchange traded fund’s stock, valued at approximately $204,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Mascagni Wealth Management Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $69,000. Private Client Services LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 98.4% in the first quarter. Private Client Services LLC now owns 5,181 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 2,569 shares in the last quarter. Aletheian Wealth Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.3% in the first quarter. Aletheian Wealth Advisors LLC now owns 10,702 shares of the exchange traded fund’s stock valued at $1,020,000 after purchasing an additional 245 shares in the last quarter. NBC Securities Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 162,100.0% during the first quarter. NBC Securities Inc. now owns 1,622 shares of the exchange traded fund’s stock worth $154,000 after acquiring an additional 1,621 shares during the period. Finally, Capital CS Group LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 2.8% during the first quarter. Capital CS Group LLC now owns 11,847 shares of the exchange traded fund’s stock worth $1,129,000 after acquiring an additional 320 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2%

Shares of NYSEARCA JNK opened at $97.85 on Friday. The stock has a fifty day simple moving average of $97.27 and a two-hundred day simple moving average of $95.94. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $90.40 and a 1-year high of $98.24. The firm has a market cap of $8.32 billion, a price-to-earnings ratio of 19.96 and a beta of 0.45.

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.