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

Hibernia Wealth Partners LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 109.7% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 60,183 shares of the exchange traded fund’s stock after buying an additional 31,488 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up about 4.1% of Hibernia Wealth Partners LLC’s investment portfolio, making the stock its 7th largest position. Hibernia Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $5,735,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JNK. Clark Capital Management Group Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.5% during the fourth quarter. Clark Capital Management Group Inc. now owns 5,483,446 shares of the exchange traded fund’s stock worth $523,505,000 after purchasing an additional 28,881 shares in the last quarter. Assetmark Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 11.6% during the 4th quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock worth $473,877,000 after acquiring an additional 517,382 shares in the last quarter. Wells Fargo & Company MN lifted its position in SPDR Bloomberg High Yield Bond ETF by 6.7% during the 4th quarter. Wells Fargo & Company MN now owns 4,449,296 shares of the exchange traded fund’s stock worth $424,774,000 after acquiring an additional 278,292 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.5% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,362,977 shares of the exchange traded fund’s stock worth $322,833,000 after acquiring an additional 15,380 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 3.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,133,763 shares of the exchange traded fund’s stock valued at $299,180,000 after acquiring an additional 115,211 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3%

JNK opened at $97.02 on Friday. The firm’s 50 day moving average is $95.35 and its 200-day moving average is $95.53. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.41 and a 52-week high of $97.90. The firm has a market capitalization of $7.96 billion, a P/E ratio of 19.96 and a beta of 0.45.

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.