Integrated Wealth Concepts LLC Grows Stock Position in SPDR Bloomberg High Yield Bond ETF $JNK

Integrated Wealth Concepts LLC raised its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 52.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,430 shares of the exchange traded fund’s stock after buying an additional 29,531 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.12% of SPDR Bloomberg High Yield Bond ETF worth $8,233,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. State Street Corp grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 14.2% during the 3rd quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock worth $1,240,828,000 after acquiring an additional 1,577,119 shares during the period. Assetmark Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 3.4% in the 1st quarter. Assetmark Inc. now owns 5,875,122 shares of the exchange traded fund’s stock valued at $562,367,000 after acquiring an additional 191,636 shares during the period. Wells Fargo & Company MN raised its stake in SPDR Bloomberg High Yield Bond ETF by 4.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,445,353 shares of the exchange traded fund’s stock valued at $529,343,000 after acquiring an additional 223,339 shares during the period. Northwestern Mutual Investment Management Company LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at about $174,978,000. Finally, Thrivent Financial for Lutherans lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 1.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,297,491 shares of the exchange traded fund’s stock valued at $126,129,000 after purchasing an additional 19,208 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.4%

Shares of NYSEARCA:JNK opened at $94.63 on Friday. The firm has a market capitalization of $6.84 billion, a PE ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24. The company has a 50-day moving average price of $95.73 and a two-hundred day moving average price of $96.05.

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.