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 raised its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 owned approximately 0.76% of SPDR Bloomberg High Yield Bond ETF worth $56,778,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. World Investment Advisors LLC grew its position 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 acquiring an additional 21,163 shares in the last quarter. Principal Financial Group Inc. boosted its stake 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 boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 567 shares during the period. Merit Financial Group LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after purchasing an additional 270 shares in the last quarter. Finally, Aletheian Wealth Advisors LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 6.2% during 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 period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $96.52 on Friday. The firm has a 50 day moving average of $96.24 and a two-hundred day moving average of $96.39. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week 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.