Blue Capital Inc. Acquires Shares of 8,004 SPDR Bloomberg High Yield Bond ETF $JNK

Blue Capital Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,004 shares of the exchange traded fund’s stock, valued at approximately $766,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JNK. Advisory Alpha LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 1.5% in the fourth quarter. Advisory Alpha LLC now owns 6,920 shares of the exchange traded fund’s stock worth $673,000 after purchasing an additional 105 shares during the period. Sharper & Granite LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% during the 4th quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock valued at $618,000 after buying an additional 107 shares during the period. Banque Cantonale Vaudoise increased its stake in SPDR Bloomberg High Yield Bond ETF by 13.3% during the 1st quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock valued at $88,000 after buying an additional 108 shares during the period. Parallel Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.7% during the 3rd quarter. Parallel Advisors LLC now owns 2,656 shares of the exchange traded fund’s stock worth $260,000 after buying an additional 120 shares in the last quarter. Finally, Clearstead Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 8.9% during the 4th quarter. Clearstead Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 122 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

Shares of NYSEARCA:JNK opened at $95.99 on Friday. The company has a 50 day moving average of $96.28 and a 200-day moving average of $96.66. The firm has a market cap of $7.30 billion, a P/E ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24.

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.