Stephenson & Company Inc. Purchases 137 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Stephenson & Company Inc. boosted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,214 shares of the exchange traded fund’s stock after purchasing an additional 137 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up 1.2% of Stephenson & Company Inc.’s portfolio, making the stock its 13th biggest position. Stephenson & Company Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $30,000. Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $37,000. Blue Trust Inc. lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during 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 last quarter. Fortitude Family Office LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $50,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of 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 Stock Down 0.2 %

JNK stock opened at $96.76 on Friday. The business has a 50 day moving average of $96.29 and a 200 day moving average of $96.36. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90.

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.