Stephens Inc. AR Purchases 1,605 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Stephens Inc. AR grew its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNKFree Report) by 14.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,972 shares of the exchange traded fund’s stock after buying an additional 1,605 shares during the quarter. Stephens Inc. AR’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,229,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JNK. Oppenheimer & Co. Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 5.3% in the third quarter. Oppenheimer & Co. Inc. now owns 5,966 shares of the exchange traded fund’s stock valued at $539,000 after buying an additional 298 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $10,781,000. Blair William & Co. IL increased its stake in SPDR Bloomberg High Yield Bond ETF by 871.5% in the third quarter. Blair William & Co. IL now owns 4,401 shares of the exchange traded fund’s stock valued at $398,000 after purchasing an additional 3,948 shares in the last quarter. Citigroup Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 10.0% in the third quarter. Citigroup Inc. now owns 43,225 shares of the exchange traded fund’s stock valued at $3,907,000 after purchasing an additional 3,932 shares in the last quarter. Finally, Betterment LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 23.4% in the third quarter. Betterment LLC now owns 5,465 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 1,036 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA:JNK opened at $93.93 on Monday. The firm has a 50-day moving average of $93.91 and a 200-day moving average of $94.16. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $95.59.

SPDR Bloomberg High Yield Bond ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

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