Lodestar Private Asset Management LLC Increases Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Lodestar Private Asset Management LLC increased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,517 shares of the exchange traded fund’s stock after acquiring an additional 314 shares during the period. Lodestar Private Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $718,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of JNK. Alpha Financial Partners LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $838,000. Brookstone Capital Management increased its holdings in SPDR Bloomberg High Yield Bond ETF by 45.5% during the third quarter. Brookstone Capital Management now owns 16,478 shares of the exchange traded fund’s stock worth $1,611,000 after buying an additional 5,152 shares during the last quarter. CWM LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 65.6% in the third quarter. CWM LLC now owns 5,102 shares of the exchange traded fund’s stock worth $499,000 after acquiring an additional 2,022 shares during the period. Peak Financial Management Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 4.5% in the third quarter. Peak Financial Management Inc. now owns 4,482 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 195 shares during the last quarter. Finally, Probity Advisors Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 18.9% during the 3rd quarter. Probity Advisors Inc. now owns 8,511 shares of the exchange traded fund’s stock valued at $832,000 after acquiring an additional 1,351 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

NYSEARCA:JNK opened at $96.52 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90. The firm’s 50 day moving average is $96.24 and its 200 day moving average is $96.39.

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.