Petix & Botte Co Has $293,000 Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Petix & Botte Co raised its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,088 shares of the exchange traded fund’s stock after purchasing an additional 157 shares during the quarter. Petix & Botte Co’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $293,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $28,000. Hexagon Capital Partners LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 102.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 511 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 258 shares during the period. Clearstead Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 862.1% during the 3rd quarter. Clearstead Advisors LLC now owns 558 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 500 shares during the period. WealthShield Partners LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $55,000. Finally, Sandy Spring Bank acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $56,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of NYSEARCA JNK traded up $0.10 during mid-day trading on Monday, reaching $94.37. The company had a trading volume of 5,647,396 shares, compared to its average volume of 5,599,307. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $95.59. The stock’s 50 day moving average is $94.18 and its 200-day moving average is $93.50.

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.