Chesley Taft & Associates LLC Buys Shares of 2,285 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Chesley Taft & Associates LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,285 shares of the exchange traded fund’s stock, valued at approximately $218,000.

A number of other hedge funds also recently modified their holdings of JNK. JPMorgan Chase & Co. raised 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 acquiring an additional 8,872,450 shares during the period. World Investment Advisors LLC raised its stake in shares of 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 purchasing an additional 1,963,931 shares during the period. BNP Paribas Financial Markets raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after purchasing an additional 621,906 shares during the period. Aristotle Pacific Capital LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% in the third quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after purchasing an additional 184,263 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 562.5% during the second quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock worth $19,985,000 after buying an additional 180,000 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.73 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The business’s 50 day simple moving average is $96.25 and its 200 day simple moving average is $96.27.

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.