Centennial Wealth Advisory LLC Purchases 755 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Centennial Wealth Advisory LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 36.2% during the fourth quarter, HoldingsChannel reports. The fund owned 2,842 shares of the exchange traded fund’s stock after buying an additional 755 shares during the period. Centennial Wealth Advisory LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chandler Asset Management Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 2.1% in the 4th quarter. Chandler Asset Management Inc. now owns 190,706 shares of the exchange traded fund’s stock valued at $18,207,000 after buying an additional 3,970 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in SPDR Bloomberg High Yield Bond ETF by 839.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 66,591 shares of the exchange traded fund’s stock valued at $6,357,000 after buying an additional 59,504 shares during the last quarter. Calamos Advisors LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $1,238,000. Alterna Wealth Management Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 14.1% in the 4th quarter. Alterna Wealth Management Inc. now owns 3,064 shares of the exchange traded fund’s stock valued at $293,000 after buying an additional 378 shares during the last quarter. Finally, Valley National Advisers Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $29,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.3 %

Shares of JNK stock opened at $96.64 on Thursday. The firm’s fifty day moving average price is $96.25 and its two-hundred day moving average price is $96.39. 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.