J.W. Cole Advisors Inc. Purchases 455 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

J.W. Cole Advisors Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,712 shares of the exchange traded fund’s stock after acquiring an additional 455 shares during the period. J.W. Cole Advisors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $28,000. SVB Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $1,428,000. Private Client Services LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $309,000. Mackenzie Financial Corp raised its stake in SPDR Bloomberg High Yield Bond ETF by 10.2% during the 4th quarter. Mackenzie Financial Corp now owns 138,805 shares of the exchange traded fund’s stock worth $13,149,000 after acquiring an additional 12,795 shares during the period. Finally, NewEdge Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $204,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $93.84 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $87.79 and a 12 month high of $95.59. The company’s 50 day moving average is $94.28 and its two-hundred day moving average is $93.20.

SPDR Bloomberg High Yield Bond ETF 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.