SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Stephenson & Company Inc.
by Doug Wharley · The Cerbat GemStephenson & Company Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 4.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,077 shares of the exchange traded fund’s stock after acquiring an additional 800 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up about 1.3% of Stephenson & Company Inc.’s portfolio, making the stock its 13th biggest holding. Stephenson & Company Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,866,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of JNK. JFS Wealth Advisors LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $63,000. Pinnacle Associates Ltd. lifted its position in SPDR Bloomberg High Yield Bond ETF by 1.3% in the third quarter. Pinnacle Associates Ltd. now owns 14,283 shares of the exchange traded fund’s stock valued at $1,353,000 after buying an additional 189 shares during the last quarter. Lodestar Private Asset Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 4.5% in the third quarter. Lodestar Private Asset Management LLC now owns 7,203 shares of the exchange traded fund’s stock valued at $704,000 after buying an additional 313 shares during the last quarter. Aletheian Wealth Advisors LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 6.2% in the third quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock valued at $1,015,000 after buying an additional 604 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $50,000. Institutional investors and hedge funds own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Down 0.2 %
NYSEARCA JNK opened at $96.48 on Thursday. The firm’s 50-day moving average is $96.89 and its two-hundred day moving average is $95.33. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $88.56 and a 12 month high of $97.90.
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.
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