Transmarket Holdings LP lowered its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 56.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,169 shares of the exchange traded fund’s stock after selling 42,061 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises approximately 1.6% of Transmarket Holdings LP’s portfolio, making the stock its 15th largest holding. Transmarket Holdings LP’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,079,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. First Trust Advisors LP raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.1% in the first quarter. First Trust Advisors LP now owns 49,992 shares of the exchange traded fund’s stock worth $4,785,000 after buying an additional 1,009 shares in the last quarter. Legacy Wealth Managment LLC ID grew its position in SPDR Bloomberg High Yield Bond ETF by 98.5% during the first quarter. Legacy Wealth Managment LLC ID now owns 524 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 260 shares in the last quarter. Beta Wealth Group Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $3,246,000. Meeder Asset Management Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $49,475,000. Finally, Balefire LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 11.5% in the 1st quarter. Balefire LLC now owns 26,720 shares of the exchange traded fund’s stock worth $2,558,000 after acquiring an additional 2,758 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Down 0.1%
NYSEARCA:JNK opened at $95.90 on Wednesday. The business’s 50-day moving average price is $96.12 and its two-hundred day moving average price is $96.56. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24. The stock has a market cap of $7.30 billion, a P/E ratio of 19.96 and a beta of 0.41.
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.
See Also
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report).
Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
