Somnio Financial Group LLC grew its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 84,372 shares of the exchange traded fund’s stock after purchasing an additional 5,240 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up 6.4% of Somnio Financial Group LLC’s holdings, making the stock its 7th largest position. Somnio Financial Group LLC owned approximately 0.10% of SPDR Bloomberg High Yield Bond ETF worth $8,055,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after buying an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in 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 purchasing an additional 1,963,931 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after purchasing an additional 621,906 shares during the period. Ocean Park Asset Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% during the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Finally, Aristotle Pacific Capital LLC increased its holdings 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 valued at $86,051,000 after purchasing an additional 184,263 shares in the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Bloomberg High Yield Bond ETF Stock Performance
NYSEARCA JNK traded up $0.21 during mid-day trading on Thursday, reaching $95.68. 2,148,040 shares of the stock were exchanged, compared to its average volume of 4,131,610. The business’s 50 day moving average is $96.40 and its 200-day moving average is $96.10. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90.
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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