SPDR Bloomberg High Yield Bond ETF $JNK Holdings Boosted by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC increased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 280,465 shares of the exchange traded fund’s stock after buying an additional 8,706 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for about 1.4% of Checchi Capital Advisers LLC’s investment portfolio, making the stock its 8th largest position. Checchi Capital Advisers LLC owned approximately 0.35% of SPDR Bloomberg High Yield Bond ETF worth $27,264,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Caitlin John LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $35,000. Olistico Wealth LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth approximately $36,000. Pacifica Partners Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 310.0% in the fourth quarter. Pacifica Partners Inc. now owns 410 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 310 shares during the last quarter. Finally, Trust Co. of Vermont boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the third quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 418 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1%

JNK opened at $96.99 on Tuesday. The company has a market cap of $7.15 billion, a price-to-earnings ratio of 19.96 and a beta of 0.43. The company’s 50 day moving average is $96.40 and its 200 day moving average is $96.96. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.93 and a 12-month high of $98.24.

SPDR Bloomberg High Yield Bond ETF 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.