Walkner Condon Financial Advisors LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 149.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,217 shares of the exchange traded fund’s stock after purchasing an additional 19,306 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,076,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of JNK. JPMorgan Chase & Co. raised its holdings 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 purchasing an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC boosted its holdings 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 in the last quarter. BNP Paribas Financial Markets increased its position in SPDR Bloomberg High Yield Bond ETF by 401.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after purchasing an additional 621,906 shares during the period. Pacific Asset Management LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 27.7% during the 3rd quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after buying an additional 190,796 shares in the last quarter. Finally, Strategic Investment Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $17,441,000. 87.54% of the stock is owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Stock Performance
SPDR Bloomberg High Yield Bond ETF stock opened at $96.56 on Friday. The stock’s 50 day moving average price is $96.17 and its 200 day moving average price is $96.42. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90.
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.
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