BLB&B Advisors LLC Purchases 46,901 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

BLB&B Advisors LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 14.5% during the fourth quarter, HoldingsChannel reports. The firm owned 371,008 shares of the exchange traded fund’s stock after buying an additional 46,901 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises 1.8% of BLB&B Advisors LLC’s portfolio, making the stock its 13th largest holding. BLB&B Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $35,420,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Capital Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% in the fourth quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock valued at $645,000 after purchasing an additional 105 shares during the last quarter. BlueSky Wealth Advisors LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.4% in the 4th quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock valued at $2,929,000 after purchasing an additional 129 shares during the period. Stephenson & Company Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% during the fourth quarter. Stephenson & Company Inc. now owns 19,214 shares of the exchange traded fund’s stock worth $1,834,000 after purchasing an additional 137 shares during the period. Catalyst Financial Partners LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.5% in the third quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 139 shares in the last quarter. Finally, Pure Financial Advisors LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% in the fourth quarter. Pure Financial Advisors LLC now owns 12,919 shares of the exchange traded fund’s stock valued at $1,233,000 after buying an additional 149 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.3 %

JNK stock opened at $96.24 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The business has a 50-day simple moving average of $96.22 and a 200 day simple moving average of $96.39.

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.