SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Iams Wealth Management LLC

Iams Wealth Management LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 86.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,880 shares of the exchange traded fund’s stock after acquiring an additional 4,570 shares during the quarter. Iams Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $943,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of JNK. 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 worth $434,798,000 after purchasing an additional 174,815 shares during the period. JPMorgan Chase & Co. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after purchasing an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after purchasing an additional 1,963,931 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after buying an additional 165,682 shares in the last quarter. Finally, Aristotle Pacific Capital LLC lifted its holdings in shares of 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 buying an additional 184,263 shares during the period. 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 $96.82 on Wednesday. The stock’s 50 day moving average price is $96.28 and its 200 day moving average price is $96.34. 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 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.