Petix & Botte Co Acquires 157 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Petix & Botte Co increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,088 shares of the exchange traded fund’s stock after purchasing an additional 157 shares during the period. Petix & Botte Co’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $293,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Wright Fund Management LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 9.5% in the third quarter. Wright Fund Management LLC now owns 4,796,606 shares of the exchange traded fund’s stock valued at $433,613,000 after purchasing an additional 416,798 shares during the last quarter. Assetmark Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.3% in the third quarter. Assetmark Inc. now owns 3,498,112 shares of the exchange traded fund’s stock valued at $316,229,000 after buying an additional 11,973 shares during the period. Schroder Investment Management Group increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4,254.2% in the third quarter. Schroder Investment Management Group now owns 979,690 shares of the exchange traded fund’s stock valued at $88,564,000 after buying an additional 957,190 shares during the period. Toews Corp ADV acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $69,939,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% in the third quarter. PNC Financial Services Group Inc. now owns 737,503 shares of the exchange traded fund’s stock valued at $66,670,000 after buying an additional 5,319 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of JNK stock traded up $0.10 on Monday, hitting $94.37. The company had a trading volume of 5,647,396 shares, compared to its average volume of 5,599,307. The stock’s 50-day moving average is $94.18 and its two-hundred day moving average is $93.50. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $95.59.

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.