Hoxton Planning & Management LLC Takes $365,000 Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Hoxton Planning & Management LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,728 shares of the exchange traded fund’s stock, valued at approximately $365,000.

A number of other institutional investors have also modified their holdings of the stock. Ocean Park Asset Management LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock valued at $297,545,000 after buying an additional 19,504 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 25.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after buying an additional 550,840 shares during the last quarter. Jane Street Group LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after buying an additional 1,758,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in SPDR Bloomberg High Yield Bond ETF by 11.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock worth $114,153,000 after purchasing an additional 125,140 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $96.68 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $97.90. The company has a 50-day moving average price of $96.49 and a two-hundred day moving average price of $95.08.

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.