Stephenson & Company Inc. Increases Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Stephenson & Company Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,214 shares of the exchange traded fund’s stock after purchasing an additional 137 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up 1.2% of Stephenson & Company Inc.’s investment portfolio, making the stock its 13th largest holding. Stephenson & Company Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,834,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $30,000. Truvestments Capital LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $37,000. Blue Trust Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 285 shares during the period. Fortitude Family Office LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $50,000. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $61,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.76 on Friday. The company’s fifty day simple moving average is $96.29 and its 200-day simple moving average is $96.36. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90.

SPDR Bloomberg High Yield Bond ETF Company 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.