Raymond James Financial Services Advisors Inc. Has $12.01 Million Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Raymond James Financial Services Advisors Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 62.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 126,152 shares of the exchange traded fund’s stock after buying an additional 48,623 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 0.15% of SPDR Bloomberg High Yield Bond ETF worth $12,010,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Stonehage Fleming Financial Services Holdings Ltd increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 296.8% during the third quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 18,245 shares of the exchange traded fund’s stock worth $1,649,000 after buying an additional 13,647 shares in the last quarter. NewSquare Capital LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 82.2% in the fourth quarter. NewSquare Capital LLC now owns 174,955 shares of the exchange traded fund’s stock valued at $16,450,000 after purchasing an additional 78,942 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 21.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 31,637 shares of the exchange traded fund’s stock valued at $2,997,000 after purchasing an additional 5,550 shares in the last quarter. Florin Court Capital LLP grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 24.1% during the fourth quarter. Florin Court Capital LLP now owns 10,800 shares of the exchange traded fund’s stock worth $1,023,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Private Client Services LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $309,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.5 %

NYSEARCA JNK traded up $0.43 during trading hours on Friday, reaching $94.27. The company’s stock had a trading volume of 5,510,956 shares, compared to its average volume of 6,303,795. The firm has a fifty day simple moving average of $94.18 and a 200-day simple moving average of $93.38. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $95.59.

SPDR Bloomberg High Yield Bond ETF 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.