Rovin Capital UT ADV Grows Stock Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Rovin Capital UT ADV lifted its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,754 shares of the exchange traded fund’s stock after acquiring an additional 6,062 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up about 2.2% of Rovin Capital UT ADV’s portfolio, making the stock its 9th largest holding. Rovin Capital UT ADV owned approximately 0.10% of SPDR Bloomberg High Yield Bond ETF worth $8,109,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JNK. Smithbridge Asset Management Inc. DE bought a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth $697,000. Lodestar Private Asset Management LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.5% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 7,437 shares of the exchange traded fund’s stock valued at $729,000 after purchasing an additional 180 shares during the last quarter. Richardson Financial Services Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 61.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 11,180 shares of the exchange traded fund’s stock worth $1,096,000 after buying an additional 4,241 shares in the last quarter. Professional Financial Advisors LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 24.6% during the 3rd quarter. Professional Financial Advisors LLC now owns 9,603 shares of the exchange traded fund’s stock worth $941,000 after buying an additional 1,894 shares during the last quarter. Finally, Fiduciary Wealth Partners LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $312,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

SPDR Bloomberg High Yield Bond ETF stock opened at $97.82 on Monday. The stock has a market cap of $7.85 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The business’s 50-day moving average price is $97.18 and its two-hundred day moving average price is $97.18.

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.