Signal Advisors Wealth LLC Acquires 7,428 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Signal Advisors Wealth LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 65.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,735 shares of the exchange traded fund’s stock after acquiring an additional 7,428 shares during the period. Signal Advisors Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,793,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID bought a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth $26,000. Caitlin John LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $29,000. Evolution Wealth Management Inc. raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 104.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 342 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 175 shares during the period. Prestige Wealth Management Group LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $35,000. Finally, Brown Brothers Harriman & Co. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $35,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $96.25 on Wednesday. The stock has a market cap of $7.28 billion, a PE ratio of 19.96 and a beta of 0.41. The firm has a 50-day moving average of $96.37 and a 200-day moving average of $96.71. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $94.49 and a 52-week high of $98.24.

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.