7,115 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Purchased by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 7,115 shares of the exchange traded fund’s stock, valued at approximately $697,000.

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

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

NYSEARCA JNK opened at $97.82 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $90.40 and a fifty-two week high of $98.24. The business has a fifty day moving average of $97.18 and a 200-day moving average of $97.18. The stock has a market cap of $7.85 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42.

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.