Sei Investments Co. Increases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Sei Investments Co. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 209.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 439,797 shares of the exchange traded fund’s stock after buying an additional 297,797 shares during the quarter. Sei Investments Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $41,987,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. increased its stake in shares of 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 valued at $473,877,000 after acquiring an additional 517,382 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after purchasing an additional 1,963,931 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,514,282 shares of the exchange traded fund’s stock valued at $144,568,000 after purchasing an additional 61,403 shares during the last quarter. Finally, Pacific Asset Management LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 27.7% during the 3rd quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after buying an additional 190,796 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.4 %

Shares of JNK opened at $96.13 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90. The firm has a market capitalization of $8.68 billion, a P/E ratio of 20.14 and a beta of 0.48. The stock’s fifty day simple moving average is $96.33 and its 200 day simple moving average is $96.49.

SPDR Bloomberg High Yield Bond ETF Company 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.