SPDR Bloomberg High Yield Bond ETF $JNK Shares Acquired by BLB&B Advisors LLC

BLB&B Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 13.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 550,140 shares of the exchange traded fund’s stock after buying an additional 65,209 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises 2.2% of BLB&B Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. BLB&B Advisors LLC owned 0.68% of SPDR Bloomberg High Yield Bond ETF worth $53,479,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of JNK. Creative Planning lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 16.6% in the 2nd quarter. Creative Planning now owns 4,408 shares of the exchange traded fund’s stock valued at $429,000 after buying an additional 629 shares during the period. Franklin Resources Inc. lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% in the 2nd quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $103,000 after buying an additional 124 shares during the period. NewEdge Advisors LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 27.5% during the second quarter. NewEdge Advisors LLC now owns 71,831 shares of the exchange traded fund’s stock worth $6,987,000 after purchasing an additional 15,491 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in SPDR Bloomberg High Yield Bond ETF by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 384,656 shares of the exchange traded fund’s stock worth $37,415,000 after purchasing an additional 13,500 shares during the last quarter. Finally, Ieq Capital LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 1.1% during the second quarter. Ieq Capital LLC now owns 62,963 shares of the exchange traded fund’s stock worth $6,124,000 after purchasing an additional 712 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $96.87 on Wednesday. The stock has a fifty day moving average price of $96.43 and a 200 day moving average price of $96.99. The stock has a market cap of $6.94 billion, a PE ratio of 19.96 and a beta of 0.43. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.91 and a 1 year high of $98.24.

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.