Quotient Wealth Partners LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 2.0% in the second quarter, Holdings Channel.com reports. The firm owned 64,692 shares of the exchange traded fund’s stock after buying an additional 1,267 shares during the period. Quotient Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $6,293,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. North Capital Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $30,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter worth about $32,000. Truvestments Capital LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 73.9% in the first quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 212 shares in the last quarter. Beacon Capital Management LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth about $56,000. Finally, Realta Investment Advisors lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 38.5% in the first quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 171 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Trading Up 0.2%
Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $97.24 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The company has a market cap of $8.17 billion, a price-to-earnings ratio of 19.96 and a beta of 0.45. The company’s 50-day moving average price is $97.41 and its 200-day moving average price is $96.12.
SPDR Bloomberg High Yield Bond ETF Company 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.
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