Chesley Taft & Associates LLC Takes Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Chesley Taft & Associates LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,285 shares of the exchange traded fund’s stock, valued at approximately $218,000.

Several other large investors have also recently bought and sold shares of the stock. Lockerman Financial Group Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $322,000. Pure Financial Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth quarter. Pure Financial Advisors LLC now owns 12,919 shares of the exchange traded fund’s stock worth $1,233,000 after acquiring an additional 149 shares in the last quarter. BlueSky Wealth Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 0.4% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock worth $2,929,000 after acquiring an additional 129 shares in the last quarter. Kelly Financial Services LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 42.1% in the 4th quarter. Kelly Financial Services LLC now owns 7,618 shares of the exchange traded fund’s stock valued at $727,000 after acquiring an additional 2,257 shares during the period. Finally, Financial & Tax Architects LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $4,792,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %

Shares of JNK stock opened at $96.73 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The firm’s 50-day moving average is $96.25 and its 200-day moving average is $96.27.

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.