SPDR Bloomberg High Yield Bond ETF $JNK Shares Newly Bought by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 62,132 shares of the exchange traded fund’s stock, valued at approximately $5,763,000. UNIVEST FINANCIAL Corp owned approximately 0.09% of SPDR Bloomberg High Yield Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gibbs Wealth Management raised its holdings in SPDR Bloomberg High Yield Bond ETF by 2.7% in the third quarter. Gibbs Wealth Management now owns 5,238 shares of the exchange traded fund’s stock worth $486,000 after purchasing an additional 139 shares in the last quarter. NFSG Corp boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 78.3% in the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 141 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 1st quarter. Parallel Advisors LLC now owns 2,599 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 148 shares in the last quarter. Uptown Financial Advisors LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.1% in the 2nd quarter. Uptown Financial Advisors LLC now owns 7,823 shares of the exchange traded fund’s stock valued at $754,000 after buying an additional 159 shares in the last quarter. Finally, Arta Finance Wealth Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.6% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 7,074 shares of the exchange traded fund’s stock valued at $652,000 after buying an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2%

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $92.83 on Thursday. The firm’s 50 day moving average price is $93.34 and its 200-day moving average price is $95.55. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $91.71 and a 52-week high of $98.03. The company has a market cap of $6.26 billion, a P/E 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.