Aspire Private Capital LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 61.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 62,711 shares of the exchange traded fund’s stock after purchasing an additional 23,831 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for 1.3% of Aspire Private Capital LLC’s portfolio, making the stock its 20th largest position. Aspire Private Capital LLC owned about 0.07% of SPDR Bloomberg High Yield Bond ETF worth $6,145,000 as of its most recent filing with the SEC.
A number of other large investors also recently bought and sold shares of JNK. Gallagher Fiduciary Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 9,700.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,657,493 shares of the exchange traded fund’s stock worth $258,494,000 after buying an additional 2,630,378 shares during the last quarter. State Street Corp boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 19.9% in the second quarter. State Street Corp now owns 11,085,683 shares of the exchange traded fund’s stock valued at $1,078,304,000 after purchasing an additional 1,842,852 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $118,767,000. Allstate Corp purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $101,224,000. Finally, JPMorgan Chase & Co. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 143.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,467,132 shares of the exchange traded fund’s stock worth $143,764,000 after buying an additional 865,123 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Trading Up 0.4%
SPDR Bloomberg High Yield Bond ETF stock opened at $96.03 on Wednesday. The stock has a 50 day moving average of $97.23 and a 200-day moving average of $97.27. The stock has a market cap of $7.81 billion, a P/E ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24.
SPDR Bloomberg High Yield Bond ETF Cuts Dividend
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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