Foundations Investment Advisors LLC Has $1.46 Million Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Foundations Investment Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNKGet Rating) by 23.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,228 shares of the exchange traded fund’s stock after purchasing an additional 3,050 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,461,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JNK. Trust Co. of Vermont grew its stake in SPDR Bloomberg High Yield Bond ETF by 189.9% during the third quarter. Trust Co. of Vermont now owns 287 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 188 shares during the period. HBC Financial Services PLLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter worth approximately $33,000. Fairfield Bush & CO. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at approximately $41,000. EWG Elevate Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $48,000. Finally, Allworth Financial LP grew its stake in SPDR Bloomberg High Yield Bond ETF by 286.6% in the third quarter. Allworth Financial LP now owns 692 shares of the exchange traded fund’s stock valued at $61,000 after acquiring an additional 513 shares during the period. Institutional investors and hedge funds own 65.13% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $89.91 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $86.28 and a 52 week high of $103.19. The stock has a 50 day moving average price of $92.13 and a two-hundred day moving average price of $91.09.

SPDR Bloomberg High Yield Bond ETF Profile

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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.

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Institutional Ownership by Quarter for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

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