Calamos Advisors LLC Purchases Shares of 12,969 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Calamos Advisors LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the fourth quarter, Holdings Channel.com reports. The fund acquired 12,969 shares of the exchange traded fund’s stock, valued at approximately $1,238,000.

Other hedge funds have also recently made changes to their positions in the company. World Investment Advisors LLC boosted its holdings 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 worth $2,281,000 after acquiring an additional 21,163 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in 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 purchasing an additional 859 shares during the last quarter. Janney Montgomery Scott LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd 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 in the last quarter. Merit Financial Group LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.6% during the 4th quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock worth $488,000 after buying an additional 270 shares in the last quarter. Finally, Aletheian Wealth Advisors LLC boosted its stake in shares of 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 worth $1,015,000 after buying an additional 604 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %

JNK stock opened at $96.38 on Wednesday. The business has a 50 day moving average of $96.26 and a 200-day moving average of $96.39. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 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.