OFC Financial Planning LLC Takes Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

OFC Financial Planning LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,783 shares of the exchange traded fund’s stock, valued at approximately $266,000.

Other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $30,000. Truvestments Capital LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $37,000. Blue Trust Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 285 shares during the period. Fortitude Family Office LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at approximately $50,000. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $61,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

Shares of JNK stock opened at $96.76 on Friday. The business’s 50 day moving average price is $96.29 and its 200-day moving average price is $96.36. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week 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.