52,324 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 52,324 shares of the exchange traded fund’s stock, valued at approximately $4,853,000. Modera Wealth Management LLC owned about 0.08% of SPDR Bloomberg High Yield Bond ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Toth Financial Advisory Corp bought a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $28,000. Ascentis Independent Advisors acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth $29,000. NFSG Corp lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 78.3% during the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 141 shares in the last quarter. Eastern Bank acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $35,000. Finally, Brown Lisle Cummings Inc. boosted its position in SPDR Bloomberg High Yield Bond ETF by 74.4% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 497 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 212 shares during the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $92.98 on Friday. The business’s fifty day moving average price is $93.86 and its two-hundred day moving average price is $95.75. The firm has a market capitalization of $6.03 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $91.71 and a 52 week high of $98.03.

About SPDR Bloomberg High Yield Bond ETF

(Free Report)

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.

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