SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Japan Science & Technology Agency

Japan Science & Technology Agency decreased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 24.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,900,000 shares of the exchange traded fund’s stock after selling 958,054 shares during the quarter. 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 holding. Japan Science & Technology Agency owned 3.70% of SPDR Bloomberg High Yield Bond ETF worth $276,863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Assetmark Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 4.1% in the 3rd quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after acquiring an additional 174,815 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after acquiring an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after acquiring an additional 1,963,931 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares in the last quarter. Finally, Pacific Asset Management LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 27.7% in the 3rd quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after acquiring an additional 190,796 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.52 on Friday. The stock has a 50-day moving average price of $96.24 and a 200 day moving average price 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 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.