TFB Advisors LLC Buys 450 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

TFB Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,597 shares of the exchange traded fund’s stock after purchasing an additional 450 shares during the period. TFB Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,721,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of JNK. Redmont Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $25,000. Creative Financial Designs Inc. ADV bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $30,000. GHP Investment Advisors Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $29,000. Olistico Wealth LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth about $35,000. Finally, Blue Trust Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% in the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares in 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

Shares of JNK stock opened at $96.86 on Friday. The firm’s 50 day moving average is $96.83 and its 200 day moving average is $95.46. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.22 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.