SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Position Boosted by Merit Financial Group LLC

Merit Financial Group LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,113 shares of the exchange traded fund’s stock after acquiring an additional 270 shares during the period. Merit Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $488,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JNK. Assetmark Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% during the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after purchasing an additional 174,815 shares during the period. JPMorgan Chase & Co. increased its stake in SPDR Bloomberg High Yield Bond ETF by 134.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after buying an additional 8,872,450 shares during the period. World Investment Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during 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 buying an additional 1,963,931 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares during the period. Finally, Aristotle Pacific Capital LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% in the 3rd quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after acquiring an additional 184,263 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

NYSEARCA JNK opened at $96.71 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90. The company’s 50 day simple moving average is $96.26 and its 200 day simple moving average is $96.28.

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.