SPDR Bloomberg High Yield Bond ETF $JNK Shares Acquired by Florin Court Capital LLP

Florin Court Capital LLP raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 44.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,600 shares of the exchange traded fund’s stock after purchasing an additional 7,000 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for 1.7% of Florin Court Capital LLP’s portfolio, making the stock its 22nd largest position. Florin Court Capital LLP’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of JNK. Key Financial Inc purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at approximately $34,000. First Community Trust NA bought a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $39,000. Trust Co. of Vermont grew its holdings in SPDR Bloomberg High Yield Bond ETF by 41,800.0% during the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 418 shares in the last quarter. Beacon Capital Management Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth about $52,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth about $60,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $97.91 on Wednesday. The stock has a market capitalization of $7.94 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $98.24. The company’s 50-day simple moving average is $97.33 and its 200-day simple moving average is $97.24.

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.