SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stake Raised by Probity Advisors Inc.

Probity Advisors Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 18.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,511 shares of the exchange traded fund’s stock after purchasing an additional 1,351 shares during the period. Probity Advisors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in JNK. Redmont Wealth Advisors LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $29,000. Olistico Wealth LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $35,000. 1620 Investment Advisors Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $48,000. Finally, Massmutual Trust Co. FSB ADV acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth $61,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $97.05 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $97.90. The stock’s fifty day moving average is $96.72 and its 200-day moving average is $95.15.

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.