Vista Investment Partners II LLC Makes New $648,000 Investment in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Vista Investment Partners II LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,787 shares of the exchange traded fund’s stock, valued at approximately $648,000.

Other large investors also recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after acquiring an additional 567 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% in the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 859 shares during the period. ESL Trust Services LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $75,000. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 21.5% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 486,245 shares of the exchange traded fund’s stock valued at $47,550,000 after buying an additional 85,930 shares during the period. Finally, Baker Avenue Asset Management LP raised its stake in SPDR Bloomberg High Yield Bond ETF by 7.0% in the third quarter. Baker Avenue Asset Management LP now owns 54,228 shares of the exchange traded fund’s stock worth $5,303,000 after buying an additional 3,553 shares in the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $96.11 on Monday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The stock’s 50 day simple moving average is $96.35 and its two-hundred day simple moving average is $96.57. The stock has a market cap of $8.68 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48.

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.