SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Chandler Asset Management Inc.

Chandler Asset Management Inc. grew its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 190,706 shares of the exchange traded fund’s stock after acquiring an additional 3,970 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up about 3.5% of Chandler Asset Management Inc.’s investment portfolio, making the stock its 9th largest holding. Chandler Asset Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $18,207,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNK. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $30,000. Valley National Advisers Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $29,000. Truvestments Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $37,000. Blue Trust Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% during the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 285 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $50,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.3 %

Shares of JNK opened at $96.38 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year high of $97.90. The company’s fifty day moving average price is $96.26 and its 200 day moving average price is $96.39.

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.