SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Acquired by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 38.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 422 shares of the exchange traded fund’s stock after acquiring an additional 118 shares during the period. Creative Financial Designs Inc. ADV’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $40,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. GWN Securities Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth $206,000. Sovereign Investment Advisors LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 2.2% during the 4th quarter. Sovereign Investment Advisors LLC now owns 45,891 shares of the exchange traded fund’s stock worth $4,381,000 after purchasing an additional 989 shares in the last quarter. Harbour Investments Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 102.7% in the 4th quarter. Harbour Investments Inc. now owns 22,953 shares of the exchange traded fund’s stock valued at $2,191,000 after purchasing an additional 11,627 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 99.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 478,806 shares of the exchange traded fund’s stock valued at $45,712,000 after purchasing an additional 239,321 shares in the last quarter. Finally, DecisionMap Wealth Management LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $1,336,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $95.76 on Friday. The company has a market cap of $8.64 billion, a PE ratio of 20.14 and a beta of 0.48. The company has a 50-day simple moving average of $96.32 and a 200-day simple moving average of $96.49. 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 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.