4,045 Shares in SPDR Bloomberg High Yield Bond ETF $JNK Bought by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 4,045 shares of the exchange traded fund’s stock, valued at approximately $393,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Cordatus Wealth Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 22.7% during the 2nd quarter. Cordatus Wealth Management LLC now owns 14,823 shares of the exchange traded fund’s stock worth $1,442,000 after purchasing an additional 2,740 shares during the period. United Advisor Group LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% in the second quarter. United Advisor Group LLC now owns 5,094 shares of the exchange traded fund’s stock valued at $495,000 after buying an additional 298 shares during the period. Nomura Asset Management Co. Ltd. grew its position in SPDR Bloomberg High Yield Bond ETF by 52.1% during the second quarter. Nomura Asset Management Co. Ltd. now owns 91,433 shares of the exchange traded fund’s stock worth $8,894,000 after buying an additional 31,300 shares in the last quarter. Western Wealth Management LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 7.6% during the second quarter. Western Wealth Management LLC now owns 2,752 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 194 shares during the period. Finally, Rockefeller Capital Management L.P. increased its stake in SPDR Bloomberg High Yield Bond ETF by 1.8% during the second quarter. Rockefeller Capital Management L.P. now owns 21,315 shares of the exchange traded fund’s stock valued at $2,073,000 after acquiring an additional 370 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1%

Shares of JNK stock opened at $96.41 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.40 and a 12 month high of $98.24. The company has a market capitalization of $8.07 billion, a P/E ratio of 19.96 and a beta of 0.42. The stock has a 50 day moving average of $97.37 and a two-hundred day moving average of $96.73.

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.