World Investment Advisors increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 31.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 32,946 shares of the exchange traded fund’s stock after acquiring an additional 7,874 shares during the quarter. World Investment Advisors’ holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,203,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Legacy Wealth Managment LLC ID acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $29,000. Brown Brothers Harriman & Co. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $35,000. Olistico Wealth LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth about $36,000. Finally, Pacifica Partners Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 310.0% during the 4th quarter. Pacifica Partners Inc. now owns 410 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 310 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Performance
NYSEARCA JNK opened at $96.12 on Friday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24. The stock has a market capitalization of $7.27 billion, a PE ratio of 19.96 and a beta of 0.41. The stock has a 50-day simple moving average of $96.13 and a 200 day simple moving average of $96.88.
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.
Further Reading
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- 2 Ways to Play the Big Pharma Patent Cliff
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report).
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.
