Cetera Advisors LLC Increases Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Cetera Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 163.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,028 shares of the exchange traded fund’s stock after purchasing an additional 29,193 shares during the period. Cetera Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $4,477,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV boosted its position in SPDR Bloomberg High Yield Bond ETF by 1.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 126 shares during the last quarter. Idaho Trust Bank boosted its position in SPDR Bloomberg High Yield Bond ETF by 198.3% in the 4th quarter. Idaho Trust Bank now owns 86,839 shares of the exchange traded fund’s stock valued at $8,226,000 after buying an additional 57,725 shares during the last quarter. Adams Wealth Management purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $540,000. NewSquare Capital LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 82.2% in the 4th quarter. NewSquare Capital LLC now owns 174,955 shares of the exchange traded fund’s stock valued at $16,450,000 after buying an additional 78,942 shares during the last quarter. Finally, Counterpoint Mutual Funds LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 4.9% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 18,637 shares of the exchange traded fund’s stock valued at $1,765,000 after buying an additional 879 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK traded down $0.30 on Friday, reaching $94.79. The stock had a trading volume of 5,903,731 shares, compared to its average volume of 2,957,973. The company has a 50-day moving average of $94.64 and a 200 day moving average of $94.42. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $95.89.

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.