Great Valley Advisor Group Inc. Acquires Shares of 2,577 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Great Valley Advisor Group Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,577 shares of the exchange traded fund’s stock, valued at approximately $252,000.

A number of other large investors have also recently made changes to their positions in JNK. Redmont Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $25,000. GHP Investment Advisors Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $29,000. Creative Financial Designs Inc. ADV purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $30,000. Olistico Wealth LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $35,000. Finally, Blue Trust Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% in the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 285 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $97.14 on Thursday. The company’s 50 day moving average is $96.83 and its 200 day moving average is $95.74. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.90 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.