Wealth Advisory Solutions LLC Purchases 236 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Wealth Advisory Solutions LLC increased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,143 shares of the exchange traded fund’s stock after acquiring an additional 236 shares during the quarter. Wealth Advisory Solutions LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $503,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of 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 period. Arch Capital Group LTD. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth about $100,794,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 25.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after buying an additional 550,840 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $46,519,000. Finally, Toews Corp ADV lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 65.9% in the second quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after acquiring an additional 441,900 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock traded down $0.49 during trading on Monday, hitting $96.60. The company had a trading volume of 1,308,720 shares, compared to its average volume of 4,314,846. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $97.90. The business has a 50-day moving average of $96.79 and a 200-day moving average of $95.19.

SPDR Bloomberg High Yield Bond ETF Company 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.