World Investment Advisors Buys 7,952 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

World Investment Advisors boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 34.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,277 shares of the exchange traded fund’s stock after purchasing an additional 7,952 shares during the period. World Investment Advisors’ holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,986,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Valley National Advisers Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at approximately $29,000. Creative Financial Designs Inc. ADV raised its position in SPDR Bloomberg High Yield Bond ETF by 38.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 118 shares in the last quarter. Realta Investment Advisors lifted its stake in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 210 shares during the last quarter. Boyd Watterson Asset Management LLC OH lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 254.2% in the 3rd quarter. Continuum Advisory LLC now owns 1,679 shares of the exchange traded fund’s stock valued at $162,000 after acquiring an additional 1,205 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $92.45 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.08 and a 52-week high of $97.90. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48. The firm’s 50-day moving average is $96.06 and its 200-day moving average is $96.37.

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.