SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV raised its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 38.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 422 shares of the exchange traded fund’s stock after buying an additional 118 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $40,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Principal Financial Group Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after buying an additional 859 shares during the last quarter. Commerce Bank grew its position in SPDR Bloomberg High Yield Bond ETF by 27.1% during the third quarter. Commerce Bank now owns 6,005 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 1,282 shares during the period. Citigroup Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 2.7% during the third quarter. Citigroup Inc. now owns 43,386 shares of the exchange traded fund’s stock worth $4,243,000 after acquiring an additional 1,132 shares during the last quarter. Nwam LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $1,223,000. Finally, Great Valley Advisor Group Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $252,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $95.76 on Friday. The stock has a 50-day simple moving average of $96.32 and a 200-day simple moving average of $96.49. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.14 and a beta of 0.48. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90.

About SPDR Bloomberg High Yield Bond ETF

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.