Richard W. Paul & Associates LLC Raises Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Richard W. Paul & Associates LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 48.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,899 shares of the exchange traded fund’s stock after buying an additional 2,251 shares during the period. Richard W. Paul & Associates LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $659,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of JNK. Blue Trust Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 285 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.3% during the 3rd quarter. Pinnacle Associates Ltd. now owns 14,283 shares of the exchange traded fund’s stock worth $1,353,000 after buying an additional 189 shares in the last quarter. JFS Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $63,000. Stephens Inc. AR raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 10.4% during the 3rd quarter. Stephens Inc. AR now owns 17,676 shares of the exchange traded fund’s stock worth $1,728,000 after buying an additional 1,662 shares in the last quarter. Finally, Principal Securities Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 25.8% during the 3rd quarter. Principal Securities Inc. now owns 49,017 shares of the exchange traded fund’s stock worth $4,793,000 after buying an additional 10,054 shares in the last quarter. 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 $97.12 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90. The stock has a 50 day simple moving average of $96.24 and a 200-day simple moving average of $96.54.

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.