SPDR Bloomberg High Yield Bond ETF $JNK Shares Purchased by Washington Trust Bank

Washington Trust Bank increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.7% during the second quarter, HoldingsChannel.com reports. The fund owned 9,661 shares of the exchange traded fund’s stock after buying an additional 609 shares during the period. Washington Trust Bank’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $32,000. Key Financial Inc acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $34,000. Truvestments Capital LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 73.9% during the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 212 shares in the last quarter. Beacon Capital Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $56,000. Finally, Realta Investment Advisors lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 38.5% during the 1st quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock worth $59,000 after buying an additional 171 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

SPDR Bloomberg High Yield Bond ETF stock opened at $96.65 on Thursday. The firm has a market cap of $8.09 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.40 and a 52-week high of $98.24. The company’s 50 day moving average is $97.48 and its two-hundred day moving average is $96.57.

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.