Personal CFO Solutions LLC Boosts Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Personal CFO Solutions LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,676 shares of the exchange traded fund’s stock after buying an additional 400 shares during the period. Personal CFO Solutions LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,592,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JNK. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares during the period. World Investment Advisors LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after purchasing an additional 1,963,931 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% during the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after purchasing an additional 621,906 shares during the period. Assetmark Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 11.6% during the fourth quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock worth $473,877,000 after purchasing an additional 517,382 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $26,728,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

SPDR Bloomberg High Yield Bond ETF stock opened at $96.11 on Friday. The firm has a 50-day moving average of $96.35 and a 200-day moving average of $96.57. The firm has a market cap of $8.68 billion, a P/E ratio of 20.14 and a beta of 0.48. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90.

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.