Clal Insurance Enterprises Holdings Ltd bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,240 shares of the exchange traded fund’s stock, valued at approximately $214,000.
A number of other institutional investors have also made changes to their positions in JNK. JPMorgan Chase & Co. lifted its position 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 worth $222,177,000 after purchasing an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the third 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 in the last quarter. BNP Paribas Financial Markets raised its holdings in SPDR Bloomberg High Yield Bond ETF by 401.4% in the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after acquiring an additional 621,906 shares in the last quarter. Pacific Asset Management LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 27.7% in the third quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after acquiring an additional 190,796 shares in the last quarter. Finally, Strategic Investment Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at $17,441,000. 87.54% of the stock is owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %
JNK opened at $97.12 on Friday. The firm’s fifty day moving average price is $96.27 and its 200 day moving average price is $96.56. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 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.
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