TD Private Client Wealth LLC Has $293,000 Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

TD Private Client Wealth LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,073 shares of the exchange traded fund’s stock after buying an additional 175 shares during the quarter. TD Private Client Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $293,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Valley National Advisers Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $29,000. Truvestments Capital LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $37,000. Creative Financial Designs Inc. ADV boosted its position in SPDR Bloomberg High Yield Bond ETF by 38.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 118 shares during the last quarter. Realta Investment Advisors boosted its position in SPDR Bloomberg High Yield Bond ETF by 89.7% during the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 210 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH grew its holdings in SPDR Bloomberg High Yield Bond ETF by 3,658.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 1,500 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.13 on Tuesday. The stock has a 50 day moving average price of $96.33 and a two-hundred day moving average price of $96.49. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The stock has a market capitalization of $8.68 billion, a PE ratio of 20.14 and a beta of 0.48.

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.