EP Wealth Advisors LLC Buys New Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

EP Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,078 shares of the exchange traded fund’s stock, valued at approximately $102,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $47,000. Proathlete Wealth Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $225,000. Novak & Powell Financial Services Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $502,000. SageView Advisory Group LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 39.2% in the 4th quarter. SageView Advisory Group LLC now owns 220,848 shares of the exchange traded fund’s stock valued at $20,991,000 after buying an additional 62,148 shares during the period. Finally, Financial Network Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $342,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

Shares of JNK opened at $94.48 on Friday. The stock has a 50-day simple moving average of $93.98 and a 200-day simple moving average of $94.28. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $87.79 and a 1 year high of $95.59.

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.