Sanctuary Advisors LLC lessened its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 23.7% during the fourth quarter, Holdings Channel reports. The fund owned 36,773 shares of the exchange traded fund’s stock after selling 11,434 shares during the quarter. Sanctuary Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,566,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Assetmark Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after purchasing an additional 174,815 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after buying an additional 8,872,450 shares during the period. World Investment Advisors LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after buying an additional 1,963,931 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in SPDR Bloomberg High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after buying an additional 165,682 shares during the period. Finally, Pacific Asset Management LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 27.7% during the 3rd quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after buying an additional 190,796 shares during the period. 87.54% of the stock is owned by institutional investors.
SPDR Bloomberg High Yield Bond ETF Price Performance
Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.63 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The stock has a 50 day moving average price of $96.15 and a two-hundred day moving average price of $96.48.
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.
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