UNIVEST FINANCIAL Corp Increases Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

UNIVEST FINANCIAL Corp raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,485 shares of the exchange traded fund’s stock after acquiring an additional 3,662 shares during the period. UNIVEST FINANCIAL Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,910,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Valley National Advisers Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $29,000. Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter valued at approximately $37,000. Creative Financial Designs Inc. ADV raised its position in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 118 shares during the period. Realta Investment Advisors boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% during the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 210 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH increased its stake in shares of 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 purchasing an additional 1,500 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.03 on Wednesday. The stock’s fifty day moving average is $96.34 and its 200 day moving average is $96.48. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year high of $97.90. The stock has a market cap of $7.94 billion, a P/E ratio of 20.14 and a beta of 0.48.

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.