CacheTech Inc. Has $584,000 Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

CacheTech Inc. lessened its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,976 shares of the exchange traded fund’s stock after selling 393 shares during the quarter. CacheTech Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $584,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Benjamin F. Edwards & Company Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 83.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock valued at $6,174,000 after acquiring an additional 29,844 shares during the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 7,881 shares of the exchange traded fund’s stock worth $750,000 after purchasing an additional 952 shares during the last quarter. &PARTNERS acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter worth $491,000. Aletheian Wealth Advisors LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the third quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock worth $1,015,000 after purchasing an additional 604 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 15.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 304,434 shares of the exchange traded fund’s stock valued at $28,699,000 after purchasing an additional 40,997 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

Shares of JNK opened at $95.74 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $89.72 and a 1 year high of $97.90. The stock’s 50-day moving average price is $96.86 and its two-hundred day moving average price is $95.36.

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.