162,993 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Purchased by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 162,993 shares of the exchange traded fund’s stock, valued at approximately $15,118,000. SPDR Bloomberg High Yield Bond ETF makes up about 4.3% of Silverleafe Capital Partners LLC’s investment portfolio, making the stock its 7th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of JNK. State Street Corp grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 23.5% in the second quarter. State Street Corp now owns 13,671,856 shares of the exchange traded fund’s stock valued at $1,317,557,000 after buying an additional 2,597,336 shares in the last quarter. Assetmark Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3.4% during the 1st quarter. Assetmark Inc. now owns 5,875,122 shares of the exchange traded fund’s stock worth $562,367,000 after acquiring an additional 191,636 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 23.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,246,389 shares of the exchange traded fund’s stock worth $216,485,000 after acquiring an additional 424,952 shares in the last quarter. Bank of America Corp DE boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 13.0% during the 1st quarter. Bank of America Corp DE now owns 845,991 shares of the exchange traded fund’s stock valued at $80,978,000 after acquiring an additional 97,474 shares during the period. Finally, TD Asset Management Inc purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at about $80,090,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

NYSEARCA JNK traded up $0.09 during trading on Friday, hitting $92.39. The stock had a trading volume of 5,530,974 shares, compared to its average volume of 4,110,583. The company has a market capitalization of $6.60 billion, a PE ratio of 19.96 and a beta of 0.41. The firm has a 50 day moving average price of $95.13 and a 200 day moving average price of $95.77. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.71 and a twelve month high of $98.08.

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.