Geneos Wealth Management Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 30.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,204 shares of the exchange traded fund’s stock after acquiring an additional 4,895 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,021,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in the company. Lido Advisors LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.1% during the 4th quarter. Lido Advisors LLC now owns 11,534 shares of the exchange traded fund’s stock worth $1,101,000 after acquiring an additional 120 shares in the last quarter. Novak & Powell Financial Services Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.2% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 5,664 shares of the exchange traded fund’s stock worth $541,000 after acquiring an additional 122 shares in the last quarter. Hillcrest Wealth Advisors NY LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% during the 1st quarter. Hillcrest Wealth Advisors NY LLC now owns 7,848 shares of the exchange traded fund’s stock worth $748,000 after acquiring an additional 125 shares in the last quarter. Advisory Services Network LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.7% during the 4th quarter. Advisory Services Network LLC now owns 8,144 shares of the exchange traded fund’s stock worth $778,000 after buying an additional 134 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% during the 4th quarter. Captrust Financial Advisors now owns 26,536 shares of the exchange traded fund’s stock worth $2,533,000 after buying an additional 147 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Down 0.2%
Shares of JNK stock opened at $96.85 on Thursday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.40 and a twelve month high of $97.90. The company has a market cap of $8.26 billion, a P/E ratio of 19.96 and a beta of 0.45. The business has a fifty day simple moving average of $96.30 and a 200 day simple moving average of $95.69.
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.
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