Kelly Financial Services LLC Purchases 2,257 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Kelly Financial Services LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 42.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,618 shares of the exchange traded fund’s stock after purchasing an additional 2,257 shares during the period. Kelly Financial Services LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $727,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 978.9% during the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after buying an additional 21,163 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 83.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock worth $6,174,000 after purchasing an additional 29,844 shares in the last quarter. Principal Financial Group Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 5.8% in the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 859 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 567 shares during the period. Finally, Aletheian Wealth Advisors LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the 3rd quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock worth $1,015,000 after purchasing an additional 604 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

NYSEARCA JNK opened at $96.45 on Friday. The company has a 50 day moving average of $96.26 and a 200-day moving average of $96.23. 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.