Gladstone Institutional Advisory LLC Acquires 152 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Gladstone Institutional Advisory LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,344 shares of the exchange traded fund’s stock after buying an additional 152 shares during the period. Gladstone Institutional Advisory LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $914,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JNK. Ocean Park Asset Management LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the second 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 acquiring an additional 273,096 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock worth $297,545,000 after purchasing an additional 19,504 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 25.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after purchasing an additional 550,840 shares during the period. Jane Street Group LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 223.6% during the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after purchasing an additional 1,758,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 11.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock worth $114,153,000 after buying an additional 125,140 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.0 %

Shares of JNK stock opened at $95.74 on Friday. The stock has a fifty day moving average of $96.86 and a 200 day moving average of $95.36. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $89.72 and a 52 week 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.