Benjamin F. Edwards & Company Inc. Buys 29,844 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Benjamin F. Edwards & Company Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 83.7% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 65,488 shares of the exchange traded fund’s stock after purchasing an additional 29,844 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $6,174,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JNK. Nations Financial Group Inc. IA ADV lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after buying an additional 126 shares in the last quarter. Adams Wealth Management bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $540,000. Congress Wealth Management LLC DE increased its holdings in SPDR Bloomberg High Yield Bond ETF by 0.9% during the 4th quarter. Congress Wealth Management LLC DE now owns 37,941 shares of the exchange traded fund’s stock worth $3,594,000 after acquiring an additional 333 shares during the period. Brookstone Capital Management lifted its stake in SPDR Bloomberg High Yield Bond ETF by 21.1% in the 1st quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock worth $749,000 after purchasing an additional 1,369 shares in the last quarter. Finally, Aletheian Wealth Advisors LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 11.2% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 9,607 shares of the exchange traded fund’s stock valued at $915,000 after purchasing an additional 971 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK opened at $97.74 on Friday. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $97.90. The company has a fifty day moving average price of $96.04 and a 200-day moving average price of $94.86.

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.