SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Acquired by Worth Financial Advisory Group LLC

Worth Financial Advisory Group LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 8.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,230 shares of the exchange traded fund’s stock after purchasing an additional 240 shares during the quarter. Worth Financial Advisory Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $316,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. TCI Wealth Advisors Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth $318,000. Hibernia Wealth Partners LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3.2% in the third quarter. Hibernia Wealth Partners LLC now owns 54,610 shares of the exchange traded fund’s stock valued at $5,342,000 after buying an additional 1,715 shares during the last quarter. Custom Index Systems LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $1,222,000. Richardson Financial Services Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.6% in the third quarter. Richardson Financial Services Inc. now owns 11,986 shares of the exchange traded fund’s stock valued at $1,131,000 after buying an additional 190 shares during the last quarter. Finally, Modera Wealth Management LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 64.1% during the third quarter. Modera Wealth Management LLC now owns 10,853 shares of the exchange traded fund’s stock valued at $1,061,000 after purchasing an additional 4,238 shares in the last quarter. 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 $96.64 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $88.53 and a fifty-two week high of $97.90. The firm’s 50-day simple moving average is $96.88 and its 200 day simple moving average is $95.30.

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.