Aspire Private Capital LLC Has $1.63 Million Stake in SPDR Bloomberg High Yield Bond ETF $JNK

Aspire Private Capital LLC cut its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 73.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,791 shares of the exchange traded fund’s stock after selling 45,920 shares during the quarter. Aspire Private Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,632,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $275,000. Nilsine Partners LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3.7% during the fourth quarter. Nilsine Partners LLC now owns 31,848 shares of the exchange traded fund’s stock worth $3,096,000 after purchasing an additional 1,123 shares during the last quarter. Professional Financial Advisors LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 16.0% in the 4th quarter. Professional Financial Advisors LLC now owns 11,138 shares of the exchange traded fund’s stock valued at $1,083,000 after purchasing an additional 1,535 shares in the last quarter. Brookstone Capital Management boosted its stake in SPDR Bloomberg High Yield Bond ETF by 56.5% in the fourth quarter. Brookstone Capital Management now owns 53,690 shares of the exchange traded fund’s stock valued at $5,219,000 after buying an additional 19,385 shares in the last quarter. Finally, Eastern Bank grew its position in SPDR Bloomberg High Yield Bond ETF by 297.6% in the fourth quarter. Eastern Bank now owns 1,507 shares of the exchange traded fund’s stock valued at $146,000 after acquiring an additional 1,128 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.3%

Shares of NYSEARCA JNK opened at $95.47 on Thursday. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.40 and a 12 month high of $98.24. The stock has a 50-day moving average price of $96.70 and a two-hundred day moving average price of $97.10.

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.