D.A. Davidson & CO. Grows Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

D.A. Davidson & CO. boosted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,600 shares of the exchange traded fund’s stock after acquiring an additional 923 shares during the quarter. D.A. Davidson & CO.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,481,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 7.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 349,774 shares of the exchange traded fund’s stock valued at $34,204,000 after buying an additional 24,086 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9.0% during the 3rd quarter. Bank of Montreal Can now owns 54,119 shares of the exchange traded fund’s stock valued at $5,292,000 after buying an additional 4,449 shares during the last quarter. Private Trust Co. NA lifted its stake in SPDR Bloomberg High Yield Bond ETF by 30.1% during the third quarter. Private Trust Co. NA now owns 5,076 shares of the exchange traded fund’s stock worth $496,000 after purchasing an additional 1,173 shares during the last quarter. Truvestments Capital LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter worth $37,000. Finally, Loomis Sayles & Co. L P lifted its stake in SPDR Bloomberg High Yield Bond ETF by 0.8% during the third quarter. Loomis Sayles & Co. L P now owns 221,346 shares of the exchange traded fund’s stock worth $21,645,000 after purchasing an additional 1,755 shares during the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %

Shares of NYSEARCA JNK opened at $97.14 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.90 and a 1-year high of $97.90. The business’s fifty day moving average price is $96.82 and its two-hundred day moving average price is $95.75.

About SPDR Bloomberg High Yield Bond ETF

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.