Edgestream Partners L.P. Acquires Shares of 34,154 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Edgestream Partners L.P. acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 34,154 shares of the exchange traded fund’s stock, valued at approximately $3,340,000.

Several other large investors also recently modified their holdings of the stock. First Horizon Advisors Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 121 shares in the last quarter. Private Client Services LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.2% during the 2nd quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 123 shares in the last quarter. Catalyst Financial Partners LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 139 shares in the last quarter. Hancock Whitney Corp boosted its stake in SPDR Bloomberg High Yield Bond ETF by 3.2% in the second quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock valued at $425,000 after buying an additional 142 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 3.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $420,000 after buying an additional 152 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

NYSEARCA:JNK opened at $97.36 on Monday. The stock’s 50-day simple moving average is $96.81 and its 200 day simple moving average is $95.79. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.96 and a twelve month high of $97.90.

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.