Benjamin F. Edwards & Company Inc. Buys 29,844 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Benjamin F. Edwards & Company Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 83.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,488 shares of the exchange traded fund’s stock after acquiring an additional 29,844 shares during the period. Benjamin F. Edwards & Company Inc. owned 0.07% of SPDR Bloomberg High Yield Bond ETF worth $6,174,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.2% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after purchasing an additional 126 shares during the last quarter. Adams Wealth Management bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth $540,000. Congress Wealth Management LLC DE increased its holdings in SPDR Bloomberg High Yield Bond ETF by 0.9% in the 4th quarter. Congress Wealth Management LLC DE now owns 37,941 shares of the exchange traded fund’s stock worth $3,594,000 after acquiring an additional 333 shares during the last quarter. Brookstone Capital Management raised its stake in SPDR Bloomberg High Yield Bond ETF by 21.1% in the 1st quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock valued at $749,000 after acquiring an additional 1,369 shares during the period. Finally, Aletheian Wealth Advisors LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 11.2% during the first quarter. Aletheian Wealth Advisors LLC now owns 9,607 shares of the exchange traded fund’s stock valued at $915,000 after purchasing an additional 971 shares during the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

JNK opened at $97.74 on Friday. The firm has a 50-day moving average price of $96.04 and a 200-day moving average price of $94.86. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $97.90.

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.