Hillcrest Wealth Advisors NY LLC Has $1.82 Million Stock Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Hillcrest Wealth Advisors NY LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 42.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,065 shares of the exchange traded fund’s stock after buying an additional 5,670 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for about 0.7% of Hillcrest Wealth Advisors NY LLC’s holdings, making the stock its 23rd biggest position. Hillcrest Wealth Advisors NY LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,825,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Legacy Wealth Managment LLC ID acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth about $26,000. Brown Lisle Cummings Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at about $27,000. Evolution Wealth Management Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 104.8% during the 4th quarter. Evolution Wealth Management Inc. now owns 342 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 175 shares during the last quarter. Prestige Wealth Management Group LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $35,000. Finally, Brown Brothers Harriman & Co. bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $35,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $95.99 on Friday. The company has a market cap of $7.44 billion, a PE ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $94.49 and a 52 week high of $98.24. The business has a 50 day moving average price of $96.26 and a 200-day moving average price of $96.66.

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.