Axis Wealth Partners LLC Makes New $269,000 Investment in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Axis Wealth Partners LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,822 shares of the exchange traded fund’s stock, valued at approximately $269,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Valley National Advisers Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $29,000. Truvestments Capital LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $37,000. Realta Investment Advisors grew its holdings in 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 worth $43,000 after acquiring an additional 210 shares during the last quarter. ESL Trust Services LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $75,000. Finally, Boyd Watterson Asset Management LLC OH grew its holdings in SPDR Bloomberg High Yield Bond ETF by 3,658.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 1,500 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.11 on Friday. The company’s fifty day moving average is $96.35 and its 200 day moving average is $96.57. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90. The stock has a market cap of $8.68 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48.

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.