SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Larson Financial Group LLC

Larson Financial Group LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 36,072 shares of the exchange traded fund’s stock after buying an additional 2,383 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,444,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in JNK. World Investment Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 978.9% during the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after acquiring an additional 21,163 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after buying an additional 859 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 567 shares in the last quarter. Merit Financial Group LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock worth $488,000 after acquiring an additional 270 shares in the last quarter. Finally, Apollon Financial LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 17.8% during the fourth quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock worth $757,000 after purchasing an additional 1,195 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:JNK opened at $96.11 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 company has a 50 day moving average of $96.34 and a two-hundred day moving average of $96.57.

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.