SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Position Raised by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 44.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,430 shares of the exchange traded fund’s stock after purchasing an additional 1,366 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $423,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Blue Barn Wealth LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 6.0% during the fourth quarter. Blue Barn Wealth LLC now owns 5,881 shares of the exchange traded fund’s stock worth $561,000 after purchasing an additional 331 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at $26,728,000. Assetmark Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 11.6% in the fourth quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock valued at $473,877,000 after buying an additional 517,382 shares in the last quarter. NewSquare Capital LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 0.5% in the fourth quarter. NewSquare Capital LLC now owns 179,844 shares of the exchange traded fund’s stock valued at $17,045,000 after buying an additional 969 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 567.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 39,359 shares of the exchange traded fund’s stock valued at $3,758,000 after buying an additional 33,461 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $95.74 on Tuesday. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.14 and a beta of 0.48. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90. The business’s fifty day moving average is $96.35 and its two-hundred day moving average is $96.57.

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.