Geneos Wealth Management Inc. Increases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Geneos Wealth Management Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 13.1% during the fourth quarter, Holdings Channel reports. The firm owned 16,309 shares of the exchange traded fund’s stock after purchasing an additional 1,892 shares during the period. Geneos Wealth Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,557,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of JNK. Hillcrest Wealth Advisors NY LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 9.2% in the fourth quarter. Hillcrest Wealth Advisors NY LLC now owns 7,723 shares of the exchange traded fund’s stock valued at $737,000 after acquiring an additional 650 shares during the last quarter. CX Institutional lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 8.6% in the 4th quarter. CX Institutional now owns 3,342 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 264 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 48.1% in the 4th quarter. Sound Income Strategies LLC now owns 91,187 shares of the exchange traded fund’s stock valued at $8,706,000 after purchasing an additional 29,629 shares during the period. RFG Advisory LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 2.0% during the 4th quarter. RFG Advisory LLC now owns 152,975 shares of the exchange traded fund’s stock worth $14,605,000 after buying an additional 3,037 shares during the last quarter. Finally, Shilanski & Associates Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 2.9% during the fourth quarter. Shilanski & Associates Inc. now owns 93,619 shares of the exchange traded fund’s stock worth $8,938,000 after buying an additional 2,632 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of NYSEARCA JNK opened at $96.81 on Monday. The stock has a 50 day moving average of $96.26 and a two-hundred day moving average of $96.32. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90.

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.