SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Acquired by LPL Financial LLC

LPL Financial LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 42.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,461,128 shares of the exchange traded fund’s stock after acquiring an additional 434,953 shares during the period. LPL Financial LLC owned approximately 1.71% of SPDR Bloomberg High Yield Bond ETF worth $139,494,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JNK. Assetmark Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 11.6% during the 4th quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock valued at $473,877,000 after purchasing an additional 517,382 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after buying an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC increased its position in shares of 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 valued at $192,264,000 after acquiring an additional 1,963,931 shares during the period. Bank of New York Mellon Corp raised its stake in SPDR Bloomberg High Yield Bond ETF by 4.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,514,282 shares of the exchange traded fund’s stock worth $144,568,000 after acquiring an additional 61,403 shares during the last quarter. Finally, Pacific Asset Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 27.7% during 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 during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $96.13 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The firm has a market capitalization of $8.68 billion, a PE ratio of 20.14 and a beta of 0.48. The stock’s 50-day simple moving average is $96.33 and its 200-day simple moving average is $96.49.

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.