BLB&B Advisors LLC Has $35.42 Million Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

BLB&B Advisors LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 14.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 371,008 shares of the exchange traded fund’s stock after acquiring an additional 46,901 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for 1.8% of BLB&B Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. BLB&B Advisors LLC owned approximately 0.47% of SPDR Bloomberg High Yield Bond ETF worth $35,420,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JNK. World Investment Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 978.9% during the 3rd quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after acquiring an additional 21,163 shares during the period. Principal Financial Group Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% in the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after buying an additional 859 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after buying an additional 567 shares in the last quarter. Merit Financial Group LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after acquiring an additional 270 shares during the period. Finally, Aletheian Wealth Advisors LLC raised its stake in 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 acquiring an additional 604 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $96.24 on Friday. The company’s fifty day moving average is $96.22 and its 200-day moving average is $96.39. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week 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.