Renaissance Technologies LLC Raises Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Renaissance Technologies LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 132.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 160,500 shares of the exchange traded fund’s stock after purchasing an additional 91,500 shares during the period. Renaissance Technologies LLC owned approximately 0.18% of SPDR Bloomberg High Yield Bond ETF worth $15,130,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in JNK. Nations Financial Group Inc. IA ADV raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after buying an additional 126 shares during the last quarter. Adams Wealth Management acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $540,000. Congress Wealth Management LLC DE raised its stake in SPDR Bloomberg High Yield Bond ETF by 0.9% in the 4th quarter. Congress Wealth Management LLC DE now owns 37,941 shares of the exchange traded fund’s stock valued at $3,594,000 after purchasing an additional 333 shares during the last quarter. Brookstone Capital Management raised its stake in SPDR Bloomberg High Yield Bond ETF by 21.1% in the 1st quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock valued at $749,000 after purchasing an additional 1,369 shares during the last quarter. Finally, Aletheian Wealth Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 11.2% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 9,607 shares of the exchange traded fund’s stock valued at $915,000 after purchasing an additional 971 shares during the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $97.74 on Friday. The firm has a 50-day moving average price of $96.04 and a 200 day moving average price of $94.86. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $97.90.

SPDR Bloomberg High Yield Bond ETF Company Profile

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.