Janney Montgomery Scott LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 3.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,512 shares of the exchange traded fund’s stock after acquiring an additional 567 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,615,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the business. Fullcircle Wealth LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 1.9% during the third quarter. Fullcircle Wealth LLC now owns 34,540 shares of the exchange traded fund’s stock valued at $3,338,000 after buying an additional 634 shares during the period. Farther Finance Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.6% during the third quarter. Farther Finance Advisors LLC now owns 41,888 shares of the exchange traded fund’s stock worth $4,096,000 after purchasing an additional 668 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% during the third quarter. Gladstone Institutional Advisory LLC now owns 9,344 shares of the exchange traded fund’s stock worth $914,000 after purchasing an additional 152 shares during the last quarter. Creative Financial Designs Inc. ADV bought a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $30,000. Finally, Principal Securities Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 25.8% during the third quarter. Principal Securities Inc. now owns 49,017 shares of the exchange traded fund’s stock worth $4,793,000 after purchasing an additional 10,054 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 JNK stock opened at $96.61 on Thursday. The business has a 50-day moving average price of $96.86 and a two-hundred day moving average price of $95.56. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.11 and a 12-month high of $97.90.
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.
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