White Lighthouse Investment Management Inc. Purchases 3,751 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

White Lighthouse Investment Management Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 131.2% during the third quarter, HoldingsChannel reports. The fund owned 6,611 shares of the exchange traded fund’s stock after buying an additional 3,751 shares during the quarter. White Lighthouse Investment Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $646,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of JNK. Redmont Wealth Advisors LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $29,000. Creative Financial Designs Inc. ADV acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $30,000. Olistico Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $35,000. Finally, Blue Trust Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 285 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.0 %

JNK stock opened at $96.21 on Wednesday. The company has a fifty day moving average price of $96.84 and a 200-day moving average price of $95.44. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.22 and a 52-week 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.