Manning & Napier Advisors LLC Has $2.71 Million Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Manning & Napier Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 28,397 shares of the exchange traded fund’s stock after buying an additional 703 shares during the period. Manning & Napier Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,711,000 as of its most recent SEC filing.

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

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

NYSEARCA JNK opened at $96.98 on Friday. The company has a fifty day simple moving average of $96.29 and a 200 day simple moving average of $96.35. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year 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.