SPDR Bloomberg High Yield Bond ETF $JNK Stake Boosted by Florin Court Capital LLP

Florin Court Capital LLP raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 44.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,600 shares of the exchange traded fund’s stock after purchasing an additional 7,000 shares during the period. SPDR Bloomberg High Yield Bond ETF comprises about 1.7% of Florin Court Capital LLP’s portfolio, making the stock its 22nd largest holding. Florin Court Capital LLP’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,215,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Key Financial Inc acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at about $34,000. First Community Trust NA bought a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $39,000. Trust Co. of Vermont lifted its holdings in 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 acquiring an additional 418 shares during the last quarter. Beacon Capital Management Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at approximately $52,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $60,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.0%

Shares of NYSEARCA JNK opened at $97.91 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The company has a market cap of $7.94 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. The stock’s 50 day simple moving average is $97.33 and its 200 day simple moving average is $97.24.

About SPDR Bloomberg High Yield Bond ETF

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.