Continuum Advisory LLC Grows Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Continuum Advisory LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 254.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,679 shares of the exchange traded fund’s stock after acquiring an additional 1,205 shares during the period. Continuum Advisory LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $162,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. GHP Investment Advisors Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth $29,000. Creative Financial Designs Inc. ADV purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth $30,000. Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth $37,000. Blue Trust Inc. raised its holdings in 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 valued at $38,000 after acquiring an additional 285 shares during the period. Finally, 1620 Investment Advisors Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at about $48,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.0 %

NYSEARCA:JNK opened at $96.99 on Thursday. The stock has a 50-day moving average price of $96.71 and a 200 day moving average price of $95.94. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month 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.