SPDR Bloomberg High Yield Bond ETF $JNK Shares Acquired by Global View Capital Management LLC

Global View Capital Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 83.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,679 shares of the exchange traded fund’s stock after acquiring an additional 10,742 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up about 0.5% of Global View Capital Management LLC’s holdings, making the stock its 22nd biggest holding. Global View Capital Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,320,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 9,700.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 2,657,493 shares of the exchange traded fund’s stock worth $258,494,000 after purchasing an additional 2,630,378 shares during the period. State Street Corp lifted its position in SPDR Bloomberg High Yield Bond ETF by 19.9% in the 2nd quarter. State Street Corp now owns 11,085,683 shares of the exchange traded fund’s stock worth $1,078,304,000 after buying an additional 1,842,852 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $118,767,000. Allstate Corp purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $101,224,000. Finally, Osaic Holdings Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 218.3% in the second quarter. Osaic Holdings Inc. now owns 1,095,736 shares of the exchange traded fund’s stock worth $104,919,000 after acquiring an additional 751,499 shares during the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

Shares of NYSEARCA:JNK opened at $97.82 on Tuesday. The firm has a market cap of $7.85 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The business has a fifty day simple moving average of $97.20 and a 200 day simple moving average of $97.19.

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.