Quotient Wealth Partners LLC Increases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Quotient Wealth Partners LLC lifted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 64,340 shares of the exchange traded fund’s stock after purchasing an additional 370 shares during the period. Quotient Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $6,143,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Valley National Advisers Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth about $29,000. Creative Financial Designs Inc. ADV purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $30,000. Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $37,000. Blue Trust Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 235.5% in the third 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 in the last quarter. Finally, Realta Investment Advisors raised its stake in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 210 shares in 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 0.3 %

Shares of JNK opened at $96.24 on Friday. The firm’s 50 day simple moving average is $96.22 and its 200 day simple moving average is $96.40. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year 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.