SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Shilanski & Associates Inc.

Shilanski & Associates Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,619 shares of the exchange traded fund’s stock after buying an additional 2,632 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises about 2.9% of Shilanski & Associates Inc.’s portfolio, making the stock its 7th biggest holding. Shilanski & Associates Inc. owned approximately 0.12% of SPDR Bloomberg High Yield Bond ETF worth $8,938,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of JNK. World Investment Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 978.9% in 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 buying an additional 21,163 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% in the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock valued at $1,527,000 after purchasing an additional 859 shares during the period. Janney Montgomery Scott LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 3.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after purchasing an additional 567 shares during the last quarter. Aletheian Wealth Advisors LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 6.2% in the 3rd quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock valued at $1,015,000 after purchasing an additional 604 shares during the last quarter. Finally, Bank of Montreal Can grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9.0% in the 3rd quarter. Bank of Montreal Can now owns 54,119 shares of the exchange traded fund’s stock valued at $5,292,000 after buying an additional 4,449 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA JNK opened at $96.71 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90. The company has a 50 day simple moving average of $96.26 and a 200-day simple moving average of $96.28.

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.