Idaho Trust Co Buys 147,147 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Idaho Trust Co bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 147,147 shares of the exchange traded fund’s stock, valued at approximately $13,648,000. SPDR Bloomberg High Yield Bond ETF makes up approximately 4.1% of Idaho Trust Co’s holdings, making the stock its 8th largest holding. Idaho Trust Co owned 0.22% of SPDR Bloomberg High Yield Bond ETF at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of JNK. M Holdings Securities Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $534,000. StoneX Group Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $398,000. Parallel Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 15.9% during the 3rd quarter. Parallel Advisors LLC now owns 2,975 shares of the exchange traded fund’s stock valued at $276,000 after acquiring an additional 409 shares during the last quarter. LightSquare Wealth Management LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9.7% in the 3rd quarter. LightSquare Wealth Management LLC now owns 27,335 shares of the exchange traded fund’s stock valued at $2,535,000 after acquiring an additional 2,411 shares in the last quarter. Finally, Calamos Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at approximately $3,466,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $93.01 on Tuesday. The stock’s 50 day simple moving average is $93.46 and its 200 day simple moving average is $95.60. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.71 and a twelve month high of $98.03. The company has a market capitalization of $6.28 billion, a price-to-earnings ratio of 19.96 and a beta of 0.43.

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.