SPDR Bloomberg High Yield Bond ETF $JNK Stake Raised by Hibernia Wealth Partners LLC

Hibernia Wealth Partners LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 103.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,660 shares of the exchange traded fund’s stock after purchasing an additional 65,393 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for 3.8% of Hibernia Wealth Partners LLC’s holdings, making the stock its 7th largest holding. Hibernia Wealth Partners LLC owned 0.16% of SPDR Bloomberg High Yield Bond ETF worth $12,507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. State Street Corp raised its position in 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 valued at $1,240,828,000 after purchasing an additional 1,577,119 shares during the period. Assetmark Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.7% in the 4th quarter. Assetmark Inc. now owns 5,683,486 shares of the exchange traded fund’s stock valued at $552,492,000 after buying an additional 203,301 shares during the period. Clark Capital Management Group Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.8% in the 3rd quarter. Clark Capital Management Group Inc. now owns 3,484,384 shares of the exchange traded fund’s stock valued at $341,435,000 after buying an additional 61,514 shares during the period. American Family Investments Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $202,974,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,065,815 shares of the exchange traded fund’s stock valued at $201,131,000 after buying an additional 94,200 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.6%

JNK stock opened at $96.28 on Friday. The company has a market capitalization of $7.29 billion, a PE ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $94.49 and a 12-month high of $98.24. The business’s fifty day moving average price is $96.32 and its 200 day moving average price is $96.77.

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.