Aristotle Pacific Capital LLC Has $86.05 Million Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Aristotle Pacific Capital LLC increased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 26.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 879,954 shares of the exchange traded fund’s stock after purchasing an additional 184,263 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up approximately 24.7% of Aristotle Pacific Capital LLC’s portfolio, making the stock its 2nd biggest holding. Aristotle Pacific Capital LLC owned 1.07% of SPDR Bloomberg High Yield Bond ETF worth $86,051,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JNK. Redmont Wealth Advisors LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $25,000. GHP Investment Advisors Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth about $29,000. Creative Financial Designs Inc. ADV bought a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $30,000. Olistico Wealth LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth about $35,000. Finally, Truvestments Capital LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $37,000. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock opened at $97.36 on Monday. The firm has a 50 day moving average of $96.81 and a 200-day moving average of $95.79. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $91.96 and a 12 month 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.