SPDR Bloomberg High Yield Bond ETF $JNK Stock Holdings Lifted by World Investment Advisors

World Investment Advisors grew its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 31.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,946 shares of the exchange traded fund’s stock after buying an additional 7,874 shares during the period. World Investment Advisors’ holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,203,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. State Street Corp lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 14.2% in the third quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock worth $1,240,828,000 after buying an additional 1,577,119 shares during the last quarter. Assetmark Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.7% in the fourth quarter. Assetmark Inc. now owns 5,683,486 shares of the exchange traded fund’s stock worth $552,492,000 after buying an additional 203,301 shares during the last quarter. Clark Capital Management Group Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.8% in the third quarter. Clark Capital Management Group Inc. now owns 3,484,384 shares of the exchange traded fund’s stock worth $341,435,000 after buying an additional 61,514 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.9% in the third quarter. Envestnet Asset Management Inc. now owns 2,826,598 shares of the exchange traded fund’s stock worth $276,978,000 after buying an additional 80,325 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.8% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,065,815 shares of the exchange traded fund’s stock worth $201,131,000 after buying an additional 94,200 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $96.12 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $94.49 and a fifty-two week high of $98.24. The business has a 50-day moving average of $96.13 and a two-hundred day moving average of $96.88. The stock has a market capitalization of $7.27 billion, a P/E ratio of 19.96 and a beta of 0.41.

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.