Tidal Investments LLC Grows Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Tidal Investments LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 27.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,822 shares of the exchange traded fund’s stock after buying an additional 3,452 shares during the quarter. Tidal Investments LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,539,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of JNK. World Investment Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after purchasing an additional 1,963,931 shares during the period. BNP Paribas Financial Markets grew its stake in SPDR Bloomberg High Yield Bond ETF by 401.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after purchasing an additional 621,906 shares during the period. Ocean Park Asset Management LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares during the period. Aristotle Pacific Capital LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 26.5% in the 3rd quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after purchasing an additional 184,263 shares during the period. Finally, Sei Investments Co. grew its stake in SPDR Bloomberg High Yield Bond ETF by 562.5% in the 2nd quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock valued at $19,985,000 after purchasing an additional 180,000 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

JNK stock opened at $96.42 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The stock has a fifty day moving average of $96.70 and a 200-day moving average of $96.01.

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.