SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust grew its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 22.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,124 shares of the exchange traded fund’s stock after acquiring an additional 208 shares during the quarter. Parkside Financial Bank & Trust’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth about $28,000. Clearstead Advisors LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 862.1% in the third quarter. Clearstead Advisors LLC now owns 558 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 500 shares in the last quarter. WealthShield Partners LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $55,000. Sandy Spring Bank acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth $56,000. Finally, Provence Wealth Management Group purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $60,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK opened at $93.42 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $87.79 and a 1 year high of $95.59. The firm has a fifty day moving average of $94.27 and a 200-day moving average of $93.20.

SPDR Bloomberg High Yield Bond ETF Company 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.