SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) is Chandler Asset Management Inc.’s 9th Largest Position

Chandler Asset Management Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 180,836 shares of the exchange traded fund’s stock after buying an additional 7,920 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises about 3.5% of Chandler Asset Management Inc.’s portfolio, making the stock its 9th biggest holding. Chandler Asset Management Inc. owned about 0.20% of SPDR Bloomberg High Yield Bond ETF worth $17,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. First Horizon Advisors Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 121 shares during the period. Private Client Services LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 5.2% during the second quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 123 shares during the period. Nations Financial Group Inc. IA ADV lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after purchasing an additional 126 shares in the last quarter. Founders Financial Securities LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.8% in the first quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 130 shares during the period. Finally, Azimuth Capital Investment Management LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% in the fourth quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock valued at $232,000 after purchasing an additional 143 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

Shares of JNK opened at $97.42 on Thursday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $87.79 and a fifty-two week high of $97.82. The firm’s 50 day moving average price is $95.88 and its 200 day moving average price is $94.80.

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.