Prime Capital Investment Advisors LLC Has $12.44 Million Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Prime Capital Investment Advisors LLC decreased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,210 shares of the exchange traded fund’s stock after selling 2,287 shares during the period. Prime Capital Investment Advisors LLC owned approximately 0.16% of SPDR Bloomberg High Yield Bond ETF worth $12,440,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JNK. Jane Street Group LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 223.6% in the first 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 period. Arch Capital Group LTD. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $100,794,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in SPDR Bloomberg High Yield Bond ETF by 25.2% in the first 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 purchasing an additional 550,840 shares in the last quarter. Dynasty Wealth Management LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $46,519,000. Finally, Toews Corp ADV increased its stake in SPDR Bloomberg High Yield Bond ETF by 65.9% in the second quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock valued at $104,828,000 after purchasing an additional 441,900 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.3 %

JNK traded down $0.29 during midday trading on Tuesday, hitting $96.72. The company had a trading volume of 328,065 shares, compared to its average volume of 4,298,441. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.38 and a 52 week high of $97.90. The stock’s 50 day moving average price is $96.84 and its 200 day moving average price is $95.54.

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.