Vista Investment Partners II LLC Acquires New Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Vista Investment Partners II LLC bought a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,787 shares of the exchange traded fund’s stock, valued at approximately $648,000.

A number of other institutional investors have also recently made changes to their positions in the company. Valley National Advisers Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at approximately $29,000. Truvestments Capital LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $37,000. Realta Investment Advisors boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% during the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 210 shares during the last quarter. ESL Trust Services LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $75,000. Finally, Boyd Watterson Asset Management LLC OH raised its position in SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

Shares of NYSEARCA JNK opened at $96.11 on Monday. The firm’s 50-day moving average price is $96.35 and its 200-day moving average price is $96.57. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The company has a market cap of $8.68 billion, a PE ratio of 20.14 and a beta of 0.48.

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.