NewEdge Wealth LLC Purchases New Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

NewEdge Wealth LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 2,150 shares of the exchange traded fund’s stock, valued at approximately $204,000.

A number of other large investors also recently made changes to their positions in the stock. Stonehage Fleming Financial Services Holdings Ltd increased its stake in SPDR Bloomberg High Yield Bond ETF by 296.8% in the third quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 18,245 shares of the exchange traded fund’s stock valued at $1,649,000 after purchasing an additional 13,647 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in SPDR Bloomberg High Yield Bond ETF by 21.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 31,637 shares of the exchange traded fund’s stock valued at $2,997,000 after purchasing an additional 5,550 shares in the last quarter. Wilbanks Smith & Thomas Asset Management LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% in the third quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 16,791 shares of the exchange traded fund’s stock valued at $1,518,000 after purchasing an additional 275 shares in the last quarter. ProVise Management Group LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 104.7% in the third quarter. ProVise Management Group LLC now owns 19,285 shares of the exchange traded fund’s stock valued at $1,743,000 after purchasing an additional 9,866 shares in the last quarter. Finally, NewSquare Capital LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 3.2% in the third quarter. NewSquare Capital LLC now owns 96,013 shares of the exchange traded fund’s stock valued at $8,562,000 after purchasing an additional 2,956 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:JNK opened at $92.81 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $95.59. The company has a 50 day moving average price of $94.34 and a two-hundred day moving average price of $93.04.

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.