Mount Lucas Management LP Has $1.81 Million Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Mount Lucas Management LP increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,455 shares of the exchange traded fund’s stock after acquiring an additional 712 shares during the quarter. Mount Lucas Management LP’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,805,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Edgestream Partners L.P. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 120.3% in the 1st quarter. Edgestream Partners L.P. now owns 27,173 shares of the exchange traded fund’s stock valued at $2,587,000 after purchasing an additional 14,839 shares during the last quarter. PAX Financial Group LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 2.9% in the first quarter. PAX Financial Group LLC now owns 8,349 shares of the exchange traded fund’s stock valued at $795,000 after acquiring an additional 235 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 171.0% in the first quarter. CreativeOne Wealth LLC now owns 16,678 shares of the exchange traded fund’s stock valued at $1,588,000 after acquiring an additional 10,524 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth $17,196,000. Finally, Axxcess Wealth Management LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at $2,477,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK stock opened at $96.36 on Friday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.12 and a twelve month high of $97.90. The business’s fifty day moving average is $96.85 and its 200-day moving average is $95.60.

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.