Coombe Bender & Co LLC Buys 18,758 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Coombe Bender & Co LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 87.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,240 shares of the exchange traded fund’s stock after purchasing an additional 18,758 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises approximately 2.4% of Coombe Bender & Co LLC’s investment portfolio, making the stock its 16th largest position. Coombe Bender & Co LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,812,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JNK. Commonwealth Equity Services LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 94.8% during the third quarter. Commonwealth Equity Services LLC now owns 176,070 shares of the exchange traded fund’s stock valued at $15,917,000 after acquiring an additional 85,678 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in SPDR Bloomberg High Yield Bond ETF by 123.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 164,153 shares of the exchange traded fund’s stock worth $14,839,000 after purchasing an additional 90,668 shares during the period. Stratos Wealth Partners LTD. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 2.2% in the third quarter. Stratos Wealth Partners LTD. now owns 26,087 shares of the exchange traded fund’s stock worth $2,358,000 after purchasing an additional 566 shares in the last quarter. Channel Wealth LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 40.3% in the third quarter. Channel Wealth LLC now owns 5,602 shares of the exchange traded fund’s stock valued at $506,000 after buying an additional 1,610 shares during the period. Finally, BLB&B Advisors LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 12.8% during the 3rd quarter. BLB&B Advisors LLC now owns 136,670 shares of the exchange traded fund’s stock worth $12,355,000 after buying an additional 15,540 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.4 %

Shares of SPDR Bloomberg High Yield Bond ETF stock traded up $0.40 during trading on Thursday, reaching $93.70. 2,001,354 shares of the company traded hands, compared to its average volume of 5,545,953. The company has a 50 day moving average price of $94.20 and a 200-day moving average price of $93.34. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $87.79 and a 1-year 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.