SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stake Boosted by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,927 shares of the exchange traded fund’s stock after purchasing an additional 207 shares during the period. Schechter Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $661,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Creative Financial Designs Inc. ADV bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $30,000. Valley National Advisers Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $29,000. Truvestments Capital LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $37,000. Realta Investment Advisors lifted its stake in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 210 shares during the last quarter. Finally, ESL Trust Services LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $75,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $96.27 on Wednesday. The company has a 50-day simple moving average of $96.30 and a 200-day simple moving average of $96.57. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year 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.