Simplicity Wealth LLC Increases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Simplicity Wealth LLC increased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 281.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,071 shares of the exchange traded fund’s stock after acquiring an additional 14,804 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,913,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JNK. Ameriflex Group Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $34,000. Creative Financial Designs Inc. ADV lifted its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 118 shares during the period. Transce3nd LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $53,000. Mascagni Wealth Management Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $69,000. Finally, Aptus Capital Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 75.4% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,082 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 465 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2%

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $95.93 on Wednesday. The firm has a market capitalization of $7.05 billion, a P/E ratio of 19.81 and a beta of 0.43. The business has a fifty day simple moving average of $94.50 and a two-hundred day simple moving average of $95.59. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.41 and a 12 month high of $97.90.

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.