IFG Advisory LLC Has $6.07 Million Stock Position in SPDR Bloomberg High Yield Bond ETF $JNK

IFG Advisory LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,392 shares of the exchange traded fund’s stock after purchasing an additional 1,854 shares during the quarter. IFG Advisory LLC owned approximately 0.07% of SPDR Bloomberg High Yield Bond ETF worth $6,069,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Pure Financial Advisors LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the 2nd quarter. Pure Financial Advisors LLC now owns 11,438 shares of the exchange traded fund’s stock worth $1,113,000 after purchasing an additional 136 shares during the last quarter. Private Trust Co. NA grew its stake in SPDR Bloomberg High Yield Bond ETF by 3.3% in the 1st quarter. Private Trust Co. NA now owns 5,243 shares of the exchange traded fund’s stock valued at $500,000 after buying an additional 167 shares during the last quarter. Realta Investment Advisors grew its stake in SPDR Bloomberg High Yield Bond ETF by 38.5% in the 1st quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 171 shares during the last quarter. Schechter Investment Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 2.7% in the 1st quarter. Schechter Investment Advisors LLC now owns 7,117 shares of the exchange traded fund’s stock valued at $678,000 after buying an additional 190 shares during the last quarter. Finally, Comerica Bank grew its stake in SPDR Bloomberg High Yield Bond ETF by 0.5% in the 1st quarter. Comerica Bank now owns 41,472 shares of the exchange traded fund’s stock valued at $3,952,000 after buying an additional 194 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2%

NYSEARCA:JNK opened at $97.39 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The firm’s fifty day simple moving average is $97.54 and its 200 day simple moving average is $96.45. The firm has a market capitalization of $8.17 billion, a PE ratio of 19.96 and a beta of 0.42.

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.