SPDR Bloomberg High Yield Bond ETF $JNK Position Raised by Chandler Asset Management Inc.

Chandler Asset Management Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 191,536 shares of the exchange traded fund’s stock after purchasing an additional 745 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for 3.3% of Chandler Asset Management Inc.’s portfolio, making the stock its 9th largest position. Chandler Asset Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $18,631,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. MJT & Associates Financial Advisory Group Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter valued at $32,000. Key Financial Inc bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at $34,000. Truvestments Capital LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 73.9% in the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 212 shares in the last quarter. Beacon Capital Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth about $56,000. Finally, Ameritas Advisory Services LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at about $60,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.60 on Friday. The stock has a market capitalization of $8.08 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.40 and a 52-week high of $98.24. The company has a 50-day simple moving average of $97.43 and a two-hundred day simple moving average of $96.67.

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.