Raymond James & Associates Purchases 29,822 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Raymond James & Associates raised its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 48.7% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 91,017 shares of the exchange traded fund’s stock after acquiring an additional 29,822 shares during the period. Raymond James & Associates owned about 0.10% of SPDR Bloomberg High Yield Bond ETF worth $8,580,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after purchasing an additional 126 shares in the last quarter. Founders Financial Securities LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.8% during the 1st quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock worth $460,000 after purchasing an additional 130 shares in the last quarter. Azimuth Capital Investment Management LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock worth $232,000 after purchasing an additional 143 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 152 shares in the last quarter. Finally, Petix & Botte Co raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.4% during the 4th quarter. Petix & Botte Co now owns 3,088 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 157 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.69 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $96.96. The business’s 50 day moving average is $95.13 and its 200-day moving average is $94.54.

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.