Principal Securities Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,532 shares of the exchange traded fund’s stock after acquiring an additional 8,515 shares during the period. Principal Securities Inc. owned approximately 0.07% of SPDR Bloomberg High Yield Bond ETF worth $5,493,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in JNK. Alpha Financial Partners LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth $838,000. CWM LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 65.6% during the third quarter. CWM LLC now owns 5,102 shares of the exchange traded fund’s stock worth $499,000 after acquiring an additional 2,022 shares in the last quarter. Stratos Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth $626,000. Blue Trust Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 285 shares in the last quarter. Finally, Raymond James & Associates increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.8% during the third quarter. Raymond James & Associates now owns 94,450 shares of the exchange traded fund’s stock worth $9,236,000 after acquiring an additional 3,433 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %
SPDR Bloomberg High Yield Bond ETF stock opened at $96.68 on Monday. 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 fifty day simple moving average of $96.17 and a 200 day simple moving average of $96.44.
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.
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