Geneos Wealth Management Inc. Raises Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Geneos Wealth Management Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 13.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,309 shares of the exchange traded fund’s stock after acquiring an additional 1,892 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Creative Financial Designs Inc. ADV purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $30,000. Truvestments Capital LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $37,000. Blue Trust Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 285 shares during the period. Fortitude Family Office LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $50,000. Finally, Massmutual Trust Co. FSB ADV purchased a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $61,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

NYSEARCA JNK opened at $96.81 on Monday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The firm has a 50 day moving average of $96.26 and a two-hundred day moving average of $96.32.

About SPDR Bloomberg High Yield Bond ETF

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.