Chandler Asset Management Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 190,706 shares of the exchange traded fund’s stock after buying an additional 3,970 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for about 3.5% of Chandler Asset Management Inc.’s investment portfolio, making the stock its 9th largest position. Chandler Asset Management Inc. owned approximately 0.24% of SPDR Bloomberg High Yield Bond ETF worth $18,207,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Assetmark Inc. lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% during the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after purchasing an additional 174,815 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in 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 holdings in shares of 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 valued at $192,264,000 after acquiring an additional 1,963,931 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock valued at $134,617,000 after acquiring an additional 165,682 shares in the last quarter. Finally, Aristotle Pacific Capital LLC boosted 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 worth $86,051,000 after purchasing an additional 184,263 shares during the period. Institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Price Performance
Shares of NYSEARCA:JNK opened at $96.38 on Wednesday. The company’s fifty day moving average is $96.26 and its two-hundred day moving average is $96.39. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90.
About SPDR Bloomberg High Yield Bond ETF
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.
Featured Articles
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- What Are the FAANG Stocks and Are They Good Investments?
- Market Volatility Creates Opportunity in These 3 Value Stocks
- Overbought Stocks Explained: Should You Trade Them?
- Visa and Mastercard Remain Strong Plays as Consumers Keep Swiping
- Energy and Oil Stocks Explained
- 2 High-Yield Consumer Staples Stocks Ready to Deliver Big Returns
Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.