National Wealth Management Group LLC Takes Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

National Wealth Management Group LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,539 shares of the exchange traded fund’s stock, valued at approximately $433,000.

A number of other large investors have also added to or reduced their stakes in JNK. Valley National Advisers Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $29,000. Creative Financial Designs Inc. ADV boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 118 shares during the last quarter. Realta Investment Advisors grew its stake 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 valued at $43,000 after purchasing an additional 210 shares in the last quarter. Boyd Watterson Asset Management LLC OH increased 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 purchasing an additional 1,500 shares during the last quarter. Finally, Continuum Advisory LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 254.2% during the 3rd quarter. Continuum Advisory LLC now owns 1,679 shares of the exchange traded fund’s stock valued at $162,000 after buying an additional 1,205 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

JNK stock opened at $95.30 on Tuesday. The company has a market capitalization of $7.88 billion, a P/E ratio of 20.14 and a beta of 0.48. The firm has a 50 day simple moving average of $96.26 and a 200-day simple moving average of $96.45. 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 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.