Financial Network Wealth Advisors LLC Acquires Shares of 3,613 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Financial Network Wealth Advisors LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,613 shares of the exchange traded fund’s stock, valued at approximately $342,000.

Other hedge funds also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at about $28,000. Hexagon Capital Partners LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 102.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 511 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 258 shares in the last quarter. Clearstead Advisors LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 862.1% during the third quarter. Clearstead Advisors LLC now owns 558 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 500 shares in the last quarter. WealthShield Partners LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at about $55,000. Finally, Sandy Spring Bank acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at about $56,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.0 %

Shares of SPDR Bloomberg High Yield Bond ETF stock traded up $0.02 during trading hours on Thursday, hitting $94.53. 4,584,075 shares of the company’s stock traded hands, compared to its average volume of 5,131,300. The stock has a 50 day simple moving average of $93.92 and a 200-day simple moving average of $94.21. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $95.59.

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.