World Investment Advisors LLC Has $2.28 Million Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

World Investment Advisors LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 978.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 23,325 shares of the exchange traded fund’s stock after buying an additional 21,163 shares during the quarter. World Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,281,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 83.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock valued at $6,174,000 after buying an additional 29,844 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 3.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after acquiring an additional 567 shares during the period. &PARTNERS bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $491,000. Aletheian Wealth Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the third quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock worth $1,015,000 after purchasing an additional 604 shares during the period. Finally, Idaho Trust Bank bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth $9,993,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $96.43 on Friday. The firm has a fifty day simple moving average of $96.70 and a two-hundred day simple moving average of $95.97. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 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.