Sincerus Advisory LLC Acquires Shares of 14,888 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Sincerus Advisory LLC bought a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, Holdings Channel.com reports. The firm bought 14,888 shares of the exchange traded fund’s stock, valued at approximately $1,421,000. SPDR Bloomberg High Yield Bond ETF makes up 1.5% of Sincerus Advisory LLC’s portfolio, making the stock its 20th biggest holding.

Other large investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $30,000. Valley National Advisers Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth $29,000. Truvestments Capital LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth $37,000. Blue Trust Inc. boosted 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 valued at $38,000 after purchasing an additional 285 shares during the period. Finally, Realta Investment Advisors grew its holdings in SPDR Bloomberg High Yield Bond ETF by 89.7% during the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 210 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of JNK stock opened at $96.96 on Wednesday. The company’s fifty day moving average price is $96.16 and its two-hundred day moving average price is $96.54. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90.

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.