Miracle Mile Advisors LLC Takes Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Miracle Mile Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,508 shares of the exchange traded fund’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $37,000. Blue Trust Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% in the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares in the last quarter. Fortitude Family Office LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $50,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $61,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

Shares of JNK stock opened at $96.37 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The firm has a 50 day moving average of $96.28 and a 200-day moving average of $96.19.

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.