DecisionMap Wealth Management LLC Invests $1.34 Million in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

DecisionMap Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,992 shares of the exchange traded fund’s stock, valued at approximately $1,336,000. SPDR Bloomberg High Yield Bond ETF accounts for approximately 1.1% of DecisionMap Wealth Management LLC’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 11.6% in the fourth quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock valued at $473,877,000 after buying an additional 517,382 shares in the last quarter. JPMorgan Chase & Co. raised its position in SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after acquiring an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after acquiring an additional 1,963,931 shares in the last quarter. Bank of New York Mellon Corp raised its position in SPDR Bloomberg High Yield Bond ETF by 4.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,514,282 shares of the exchange traded fund’s stock worth $144,568,000 after acquiring an additional 61,403 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in SPDR Bloomberg High Yield Bond ETF by 13.7% during the third quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA:JNK opened at $95.40 on Thursday. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year high of $97.90. The company has a market cap of $8.61 billion, a P/E ratio of 20.14 and a beta of 0.48. The firm’s fifty day moving average price is $96.35 and its two-hundred day moving average price is $96.54.

SPDR Bloomberg High Yield Bond ETF Company 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.