Cypress Financial Planning LLC Invests $299,000 in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Cypress Financial Planning LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,131 shares of the exchange traded fund’s stock, valued at approximately $299,000.

Several other large investors also recently bought and sold shares of JNK. JPMorgan Chase & Co. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after acquiring an additional 1,963,931 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after acquiring an additional 621,906 shares during the last quarter. Aristotle Pacific Capital LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% during the 3rd quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after acquiring an additional 184,263 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 562.5% during the 2nd quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock worth $19,985,000 after buying an additional 180,000 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 0.0 %

JNK opened at $95.30 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year high of $97.90. The business’s 50-day simple moving average is $96.31 and its 200-day simple moving average is $96.18.

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.