Smartleaf Asset Management LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 2,222.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,230 shares of the exchange traded fund’s stock after buying an additional 2,134 shares during the quarter. Smartleaf Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $213,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the business. World Investment Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 978.9% during the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after buying an additional 21,163 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 5.8% during the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after acquiring an additional 859 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after acquiring an additional 567 shares in the last quarter. Merit Financial Group LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after purchasing an additional 270 shares during the last quarter. Finally, Apollon Financial LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 17.8% during the fourth quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock valued at $757,000 after purchasing an additional 1,195 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Stock Performance
SPDR Bloomberg High Yield Bond ETF stock opened at $96.31 on Thursday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The firm’s 50-day simple moving average is $96.31 and its 200 day simple moving average is $96.57.
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.
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