SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) is Japan Science & Technology Agency’s 9th Largest Position

Japan Science & Technology Agency cut its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 24.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,900,000 shares of the exchange traded fund’s stock after selling 958,054 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for about 4.7% of Japan Science & Technology Agency’s investment portfolio, making the stock its 9th largest position. Japan Science & Technology Agency’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $276,863,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNK. World Investment Advisors LLC raised its stake in shares of 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 acquiring an additional 21,163 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% in the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock valued at $1,527,000 after acquiring an additional 859 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of 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 valued at $1,615,000 after acquiring an additional 567 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.6% in the 4th 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 in the last quarter. Finally, Aletheian Wealth Advisors LLC raised 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 valued at $1,015,000 after acquiring an additional 604 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

JNK opened at $96.52 on Friday. The stock’s 50 day moving average price is $96.24 and its two-hundred day moving average price is $96.39. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month 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.