JFS Wealth Advisors LLC Invests $63,000 in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

JFS Wealth Advisors LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 640 shares of the exchange traded fund’s stock, valued at approximately $63,000.

Several other large investors also recently made changes to their positions in JNK. Ocean Park Asset Management LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 6.0% during the second quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock worth $451,628,000 after purchasing an additional 273,096 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock worth $297,545,000 after purchasing an additional 19,504 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 25.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock worth $259,047,000 after purchasing an additional 550,840 shares during the last quarter. Jane Street Group LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 223.6% during the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock worth $242,307,000 after purchasing an additional 1,758,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 11.5% during the second quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock worth $114,153,000 after purchasing an additional 125,140 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $95.74 on Friday. The firm has a fifty day simple moving average of $96.86 and a 200 day simple moving average of $95.36. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $89.72 and a 12 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.