SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd grew its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 594,723 shares of the exchange traded fund’s stock after acquiring an additional 3,193 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $56,778,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Strategic Financial Concepts LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $4,044,000. Financial Advocates Investment Management lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 27.3% during the 4th quarter. Financial Advocates Investment Management now owns 2,678 shares of the exchange traded fund’s stock worth $256,000 after buying an additional 574 shares during the last quarter. Centennial Wealth Advisory LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 36.2% in the 4th quarter. Centennial Wealth Advisory LLC now owns 2,842 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 755 shares in the last quarter. Chandler Asset Management Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.1% in the 4th quarter. Chandler Asset Management Inc. now owns 190,706 shares of the exchange traded fund’s stock valued at $18,207,000 after buying an additional 3,970 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in SPDR Bloomberg High Yield Bond ETF by 839.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 66,591 shares of the exchange traded fund’s stock worth $6,357,000 after acquiring an additional 59,504 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 Performance

NYSEARCA JNK opened at $96.52 on Friday. The company has a fifty day moving average of $96.24 and a two-hundred day moving average of $96.39. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90.

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.