SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Reaches New 12-Month High at $97.00

SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)’s stock price reached a new 52-week high on Friday . The stock traded as high as $97.00 and last traded at $96.99, with a volume of 60025 shares trading hands. The stock had previously closed at $96.76.

SPDR Bloomberg High Yield Bond ETF Price Performance

The firm’s 50 day moving average price is $95.76 and its two-hundred day moving average price is $94.76.

Institutional Trading of SPDR Bloomberg High Yield Bond ETF

Several hedge funds have recently modified their holdings of the stock. Redmont Wealth Advisors LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $25,000. GHP Investment Advisors Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $29,000. Olistico Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $35,000. Transcendent Capital Group LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth $41,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth $47,000. Institutional investors own 87.54% of the company’s stock.

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.