Harbour Investments Inc. Has $2.19 Million Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Harbour Investments Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 102.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,953 shares of the exchange traded fund’s stock after purchasing an additional 11,627 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,191,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. World Investment Advisors LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 978.9% during the 3rd quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock valued at $2,281,000 after purchasing an additional 21,163 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after buying an additional 859 shares during the last quarter. Merit Financial Group LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after acquiring an additional 270 shares during the period. Apollon Financial LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 17.8% in the fourth quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock worth $757,000 after acquiring an additional 1,195 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth $26,728,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA:JNK opened at $95.58 on Tuesday. The stock has a market cap of $8.63 billion, a P/E ratio of 20.14 and a beta of 0.48. The company has a fifty day moving average price of $96.31 and a 200 day moving average price of $96.51. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year high of $97.90.

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.