SPDR Bloomberg High Yield Bond ETF $JNK Shares Purchased by Balboa Wealth Partners

Balboa Wealth Partners raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 70.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,406 shares of the exchange traded fund’s stock after purchasing an additional 1,826 shares during the quarter. Balboa Wealth Partners’ holdings in SPDR Bloomberg High Yield Bond ETF were worth $429,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of JNK. North Capital Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at approximately $30,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 1st quarter worth approximately $32,000. Truvestments Capital LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 73.9% in the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 212 shares in the last quarter. Beacon Capital Management LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth approximately $56,000. Finally, Realta Investment Advisors grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 38.5% in the 1st quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 171 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2%

Shares of JNK opened at $97.45 on Tuesday. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 19.96 and a beta of 0.45. The stock has a 50 day moving average of $97.42 and a 200-day moving average of $96.18. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24.

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.