Empower Advisory Group LLC Boosts Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Empower Advisory Group LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,846 shares of the exchange traded fund’s stock after acquiring an additional 162 shares during the period. Empower Advisory Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $376,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Jane Street Group LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% in the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after purchasing an additional 1,758,741 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth approximately $46,519,000. Toews Corp ADV grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 65.9% in the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after acquiring an additional 441,900 shares in the last quarter. Ocean Park Asset Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after acquiring an additional 273,096 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 414.5% in the 1st quarter. Cetera Investment Advisers now owns 292,280 shares of the exchange traded fund’s stock valued at $27,825,000 after acquiring an additional 235,473 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

Shares of JNK opened at $96.43 on Friday. The business’s fifty day moving average price is $96.86 and its 200 day moving average price is $95.57. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.11 and a 12-month 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.