SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Bought by King Luther Capital Management Corp

King Luther Capital Management Corp increased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,498 shares of the exchange traded fund’s stock after acquiring an additional 364 shares during the period. King Luther Capital Management Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $330,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $29,000. Olistico Wealth LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $35,000. Transcendent Capital Group LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $41,000. Finally, Beaird Harris Wealth Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth about $47,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:JNK opened at $97.74 on Monday. The stock has a 50-day simple moving average of $96.04 and a 200-day simple moving average of $94.87. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $87.79 and a 1 year high of $97.90.

About SPDR Bloomberg High Yield Bond ETF

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.