World Investment Advisors LLC Purchases 1,963,931 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

World Investment Advisors LLC boosted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 90,838.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,966,093 shares of the exchange traded fund’s stock after purchasing an additional 1,963,931 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for about 1.1% of World Investment Advisors LLC’s portfolio, making the stock its 14th biggest holding. World Investment Advisors LLC owned about 2.38% of SPDR Bloomberg High Yield Bond ETF worth $192,264,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Kovitz Investment Group Partners LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 7.1% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 4,015 shares of the exchange traded fund’s stock valued at $367,000 after acquiring an additional 265 shares during the period. Stifel Financial Corp increased its holdings in SPDR Bloomberg High Yield Bond ETF by 2.9% in the third quarter. Stifel Financial Corp now owns 112,136 shares of the exchange traded fund’s stock valued at $10,966,000 after purchasing an additional 3,143 shares during the period. Point72 Asset Management L.P. bought a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $1,956,000. IHT Wealth Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 39.7% during the 3rd quarter. IHT Wealth Management LLC now owns 3,895 shares of the exchange traded fund’s stock worth $380,000 after buying an additional 1,107 shares during the period. Finally, Hilltop Holdings Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 63.4% during the 3rd quarter. Hilltop Holdings Inc. now owns 18,573 shares of the exchange traded fund’s stock worth $1,816,000 after buying an additional 7,204 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $97.11 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90. The stock has a 50-day moving average of $96.74 and a 200-day moving average of $95.87.

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.