Calamos Advisors LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 12,969 shares of the exchange traded fund’s stock, valued at approximately $1,238,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JNK. Creative Financial Designs Inc. ADV acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $30,000. Valley National Advisers Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $29,000. Truvestments Capital LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $37,000. Blue Trust Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $50,000. 87.54% of the stock is currently owned by institutional investors.
SPDR Bloomberg High Yield Bond ETF Price Performance
Shares of JNK stock opened at $96.38 on Wednesday. The business’s 50-day moving average price is $96.26 and its 200-day moving average price is $96.39. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90.
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.
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