Shilanski & Associates Inc. Boosts Stock Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Shilanski & Associates Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 106,917 shares of the exchange traded fund’s stock after acquiring an additional 6,064 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises approximately 2.8% of Shilanski & Associates Inc.’s holdings, making the stock its 7th largest position. Shilanski & Associates Inc. owned about 0.13% of SPDR Bloomberg High Yield Bond ETF worth $10,477,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JNK. Key Financial Inc acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth approximately $34,000. First Community Trust NA bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $39,000. Trust Co. of Vermont lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the third 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. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth $52,000. Finally, Beacon Capital Management LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $56,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

NYSEARCA:JNK opened at $97.30 on Wednesday. The firm has a market capitalization of $8.14 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The firm’s fifty day simple moving average is $97.10 and its 200 day simple moving average is $97.09.

SPDR Bloomberg High Yield Bond ETF 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.