Aprio Wealth Management LLC Takes $2.48 Million Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Aprio Wealth Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Get Rating) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 27,577 shares of the exchange traded fund’s stock, valued at approximately $2,482,000. SPDR Bloomberg High Yield Bond ETF accounts for 0.9% of Aprio Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNK. Trust Co. of Vermont lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 189.9% in the 3rd quarter. Trust Co. of Vermont now owns 287 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 188 shares during the period. HBC Financial Services PLLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at about $33,000. Fairfield Bush & CO. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 1st quarter valued at about $41,000. EWG Elevate Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $48,000. Finally, Allworth Financial LP raised its stake in SPDR Bloomberg High Yield Bond ETF by 286.6% during the 3rd quarter. Allworth Financial LP now owns 692 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 513 shares during the period. 65.13% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.6 %

JNK stock opened at $89.91 on Friday. The stock’s 50 day simple moving average is $92.13 and its 200 day simple moving average is $91.08. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $86.28 and a fifty-two week high of $103.19.

SPDR Bloomberg High Yield Bond ETF Company Profile

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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.