SPDR Bloomberg High Yield Bond ETF $JNK Shares Newly Purchased by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,527 shares of the exchange traded fund’s stock, valued at approximately $605,000.

Several other institutional investors and hedge funds have also bought and sold shares of JNK. Gibbs Wealth Management grew its stake in SPDR Bloomberg High Yield Bond ETF by 2.7% in the third quarter. Gibbs Wealth Management now owns 5,238 shares of the exchange traded fund’s stock valued at $486,000 after purchasing an additional 139 shares in the last quarter. NFSG Corp increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 78.3% during the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 141 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% during the 1st quarter. Parallel Advisors LLC now owns 2,599 shares of the exchange traded fund’s stock worth $249,000 after purchasing an additional 148 shares in the last quarter. Uptown Financial Advisors LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.1% during the 2nd quarter. Uptown Financial Advisors LLC now owns 7,823 shares of the exchange traded fund’s stock worth $754,000 after purchasing an additional 159 shares in the last quarter. Finally, Arta Finance Wealth Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.6% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 7,074 shares of the exchange traded fund’s stock valued at $652,000 after buying an additional 182 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.4%

NYSEARCA JNK opened at $92.42 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $91.71 and a 12 month high of $98.03. The stock has a 50 day moving average of $93.29 and a 200-day moving average of $95.52. The company has a market cap of $6.25 billion, a PE ratio of 19.96 and a beta of 0.43.

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.