16,714 Shares in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Bought by Rialto Wealth Management LLC

Rialto Wealth Management LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the fourth quarter, Holdings Channel.com reports. The firm acquired 16,714 shares of the exchange traded fund’s stock, valued at approximately $1,596,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Integrated Capital Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% in the fourth quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock valued at $645,000 after purchasing an additional 105 shares during the last quarter. Auour Investments LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 1.5% during the fourth quarter. Auour Investments LLC now owns 7,492 shares of the exchange traded fund’s stock worth $725,000 after buying an additional 108 shares during the last quarter. BlueSky Wealth Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 0.4% in the 4th quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock valued at $2,929,000 after buying an additional 129 shares in the last quarter. VisionPoint Advisory Group LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.1% in the 4th quarter. VisionPoint Advisory Group LLC now owns 2,692 shares of the exchange traded fund’s stock worth $258,000 after acquiring an additional 131 shares during the last quarter. Finally, Stephenson & Company Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% during the 4th quarter. Stephenson & Company Inc. now owns 19,214 shares of the exchange traded fund’s stock worth $1,834,000 after acquiring an additional 137 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK opened at $96.11 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 has a 50-day moving average price of $96.34 and a 200 day moving average price of $96.57.

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.