4,215 Shares in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Acquired by PFG Investments LLC

PFG Investments LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNKFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,215 shares of the exchange traded fund’s stock, valued at approximately $399,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Schechter Investment Advisors LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 975.9% in the fourth quarter. Schechter Investment Advisors LLC now owns 89,210 shares of the exchange traded fund’s stock valued at $8,451,000 after purchasing an additional 80,918 shares during the last quarter. Raymond James & Associates grew its holdings in SPDR Bloomberg High Yield Bond ETF by 18.8% in the 4th quarter. Raymond James & Associates now owns 54,574 shares of the exchange traded fund’s stock valued at $5,170,000 after buying an additional 8,637 shares during the last quarter. Jessup Wealth Management Inc increased its position in SPDR Bloomberg High Yield Bond ETF by 59.3% in the 4th quarter. Jessup Wealth Management Inc now owns 96,534 shares of the exchange traded fund’s stock worth $9,145,000 after buying an additional 35,921 shares during the period. CoreCap Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.4% during the fourth quarter. CoreCap Advisors LLC now owns 93,558 shares of the exchange traded fund’s stock worth $8,863,000 after buying an additional 1,269 shares during the last quarter. Finally, Sterneck Capital Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $236,000. 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 $95.13 on Friday. The firm’s 50-day moving average is $94.63 and its 200-day moving average is $92.77. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $87.79 and a 52-week high of $95.59.

About SPDR Bloomberg High Yield Bond ETF

(Free Report)

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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Institutional Ownership by Quarter for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

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