SPDR Bloomberg High Yield Bond ETF $JNK Shares Bought by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. grew its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 13.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,647 shares of the exchange traded fund’s stock after purchasing an additional 17,549 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned approximately 0.18% of SPDR Bloomberg High Yield Bond ETF worth $14,550,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Checchi Capital Advisers LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3.2% in the 4th quarter. Checchi Capital Advisers LLC now owns 280,465 shares of the exchange traded fund’s stock valued at $27,264,000 after buying an additional 8,706 shares in the last quarter. Sharper & Granite LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.7% during the 4th quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock valued at $618,000 after buying an additional 107 shares during the last quarter. Stephenson & Company Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth quarter. Stephenson & Company Inc. now owns 19,816 shares of the exchange traded fund’s stock worth $1,926,000 after buying an additional 242 shares in the last quarter. Berkshire Money Management Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 52.5% in the fourth quarter. Berkshire Money Management Inc. now owns 156,057 shares of the exchange traded fund’s stock worth $15,170,000 after acquiring an additional 53,727 shares during the last quarter. Finally, Sterling Investment Counsel LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $366,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.2%

JNK opened at $96.75 on Wednesday. The firm has a market cap of $7.23 billion, a P/E ratio of 19.96 and a beta of 0.43. The business’s fifty day simple moving average is $96.38 and its 200 day simple moving average is $96.95. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $93.38 and a 52 week high of $98.24.

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.