Rockefeller Capital Management L.P. increased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 8.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,268 shares of the exchange traded fund’s stock after purchasing an additional 1,654 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of JNK. Valley National Advisers Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $29,000. Creative Financial Designs Inc. ADV lifted its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 118 shares during the period. Realta Investment Advisors boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 210 shares in the last quarter. Boyd Watterson Asset Management LLC OH increased its position in SPDR Bloomberg High Yield Bond ETF by 3,658.5% during the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock valued at $147,000 after purchasing an additional 1,500 shares during the period. Finally, WealthTrak Capital Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth $176,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Trading Up 0.6 %
NYSEARCA:JNK opened at $93.72 on Monday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.41 and a 12 month high of $97.90. The company has a 50-day moving average price of $95.13 and a 200-day moving average price of $95.97. The stock has a market cap of $6.27 billion, a price-to-earnings ratio of 19.36 and a beta of 0.43.
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.
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