9,378 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Bought by Stanich Group LLC

Stanich Group LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,378 shares of the exchange traded fund’s stock, valued at approximately $870,000. SPDR Bloomberg High Yield Bond ETF accounts for approximately 0.4% of Stanich Group LLC’s portfolio, making the stock its 28th biggest holding.

Other hedge funds have also modified their holdings of the company. Banque Cantonale Vaudoise grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% during the first quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock worth $88,000 after acquiring an additional 108 shares during the last quarter. Intergy Private Wealth LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 3.9% in the 1st quarter. Intergy Private Wealth LLC now owns 3,337 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 125 shares during the last quarter. Stephens Inc. AR raised its position in SPDR Bloomberg High Yield Bond ETF by 0.7% in the 1st quarter. Stephens Inc. AR now owns 19,034 shares of the exchange traded fund’s stock valued at $1,822,000 after purchasing an additional 132 shares during the last quarter. NFSG Corp raised its position in SPDR Bloomberg High Yield Bond ETF by 78.3% in the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 141 shares during the last quarter. Finally, Sunbeam Capital Management LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 1.0% during the 1st quarter. Sunbeam Capital Management LLC now owns 15,497 shares of the exchange traded fund’s stock worth $1,483,000 after purchasing an additional 147 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.4%

NYSEARCA:JNK traded down $0.37 during trading hours on Friday, reaching $92.28. 3,732,009 shares of the company’s stock were exchanged, compared to its average volume of 4,094,672. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.71 and a 1-year high of $98.08. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. The company has a 50-day moving average of $94.48 and a 200 day moving average of $95.56.

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.