Bank of New York Mellon Corp boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 4.2% in the fourth quarter, Holdings Channel reports. The fund owned 1,514,282 shares of the exchange traded fund’s stock after purchasing an additional 61,403 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $144,568,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in JNK. Integrated Capital Management LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% in the 4th quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock valued at $645,000 after buying an additional 105 shares during the period. Auour Investments LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 1.5% during the fourth quarter. Auour Investments LLC now owns 7,492 shares of the exchange traded fund’s stock worth $725,000 after purchasing an additional 108 shares during the last quarter. BlueSky Wealth Advisors LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 0.4% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock worth $2,929,000 after purchasing an additional 129 shares during the last quarter. VisionPoint Advisory Group LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 5.1% during the fourth quarter. VisionPoint Advisory Group LLC now owns 2,692 shares of the exchange traded fund’s stock worth $258,000 after purchasing an additional 131 shares during the last quarter. Finally, Stephenson & Company Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 0.7% during the fourth quarter. Stephenson & Company Inc. now owns 19,214 shares of the exchange traded fund’s stock worth $1,834,000 after purchasing an additional 137 shares during 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 %
Shares of JNK stock opened at $97.12 on Friday. The stock has a fifty day moving average price of $96.24 and a 200 day moving average price of $96.54. 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.
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