IFP Advisors Inc Buys 3,381 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

IFP Advisors Inc raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 40.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,705 shares of the exchange traded fund’s stock after acquiring an additional 3,381 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,118,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of JNK. Valley National Advisers Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth about $29,000. Creative Financial Designs Inc. ADV purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $30,000. Truvestments Capital LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $37,000. Blue Trust Inc. raised its position in shares of 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 during the period. Finally, Realta Investment Advisors lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% during the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 210 shares in the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

SPDR Bloomberg High Yield Bond ETF stock opened at $96.85 on Friday. The firm has a 50 day simple moving average of $96.24 and a 200 day simple moving average of $96.54. 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.