Benjamin Edwards Inc. Acquires New Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Benjamin Edwards Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the third quarter, HoldingsChannel.com reports. The firm acquired 68,278 shares of the exchange traded fund’s stock, valued at approximately $6,677,000.

Several other large investors have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 83.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock valued at $6,174,000 after acquiring an additional 29,844 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 3.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 567 shares during the last quarter. &PARTNERS bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth $491,000. Aletheian Wealth Advisors LLC raised its stake in shares of 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 worth $1,015,000 after purchasing an additional 604 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 15.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 304,434 shares of the exchange traded fund’s stock valued at $28,699,000 after buying an additional 40,997 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $96.81 on Wednesday. The business has a 50-day simple moving average of $96.79 and a two-hundred day simple moving average of $95.82. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.38 and a fifty-two week 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.