SPDR Bloomberg High Yield Bond ETF $JNK Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 64.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,729 shares of the exchange traded fund’s stock after buying an additional 6,927 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,729,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Caitlin John LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth $29,000. Brown Brothers Harriman & Co. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $35,000. First Community Trust NA acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at $39,000. Trust Co. of Vermont boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 418 shares during the period. Finally, Ancora Advisors LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 10,200.0% in the 3rd quarter. Ancora Advisors LLC now owns 515 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 510 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

NYSEARCA JNK opened at $95.72 on Friday. The stock’s 50-day moving average price is $96.61 and its two-hundred day moving average price is $97.08. The company has a market cap of $6.98 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24.

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.