KFA Private Wealth Group LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 23.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 54,491 shares of the exchange traded fund’s stock after purchasing an additional 10,475 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises 2.2% of KFA Private Wealth Group LLC’s portfolio, making the stock its 12th largest holding. KFA Private Wealth Group LLC owned about 0.07% of SPDR Bloomberg High Yield Bond ETF worth $5,202,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 978.9% during the 3rd quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock valued at $2,281,000 after purchasing an additional 21,163 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after acquiring an additional 859 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after acquiring an additional 567 shares in the last quarter. Aletheian Wealth Advisors LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the 3rd quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock worth $1,015,000 after acquiring an additional 604 shares in the last quarter. Finally, 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 worth $5,292,000 after acquiring an additional 4,449 shares in the last quarter. 87.54% of the stock is owned by institutional investors.
SPDR Bloomberg High Yield Bond ETF Price Performance
JNK opened at $96.92 on Tuesday. The business has a fifty day simple moving average of $96.27 and a 200-day simple moving average of $96.33. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90.
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.
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