Simplicity Wealth LLC Buys 15,103 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Simplicity Wealth LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 138.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,032 shares of the exchange traded fund’s stock after acquiring an additional 15,103 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Key Financial Inc bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $34,000. First Community Trust NA bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $39,000. Trust Co. of Vermont boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 418 shares during the last quarter. Beacon Capital Management Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth approximately $52,000. Finally, Beacon Capital Management LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at approximately $56,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

Shares of JNK opened at $97.92 on Friday. The stock has a 50 day moving average of $97.25 and a 200 day moving average of $97.20. The company has a market capitalization of $7.88 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.40 and a 12 month 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.