Fifth Third Securities Inc. Has $1.95 Million Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Fifth Third Securities Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 83.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,502 shares of the exchange traded fund’s stock after acquiring an additional 9,336 shares during the period. Fifth Third Securities Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,952,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after acquiring an additional 126 shares in the last quarter. Founders Financial Securities LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.8% in the 1st quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 130 shares in the last quarter. Crestwood Advisors Group LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 3.1% in the 3rd quarter. Crestwood Advisors Group LLC now owns 4,363 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 133 shares during the last quarter. Azimuth Capital Investment Management LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 6.2% in the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock valued at $232,000 after buying an additional 143 shares during the last quarter. Finally, Strategic Investment Advisors MI grew its holdings in SPDR Bloomberg High Yield Bond ETF by 2.0% in the 4th quarter. Strategic Investment Advisors MI now owns 7,620 shares of the exchange traded fund’s stock valued at $722,000 after buying an additional 151 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

JNK opened at $93.65 on Tuesday. The stock’s 50 day moving average price is $94.17 and its two-hundred day moving average price is $94.35. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month 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.