Principal Financial Group Inc. Acquires 37,325 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Principal Financial Group Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 239.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,937 shares of the exchange traded fund’s stock after acquiring an additional 37,325 shares during the quarter. Principal Financial Group Inc. owned 0.06% of SPDR Bloomberg High Yield Bond ETF worth $5,054,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Integrated Capital Management LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% during the fourth quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock worth $645,000 after acquiring an additional 105 shares during the last quarter. BlueSky Wealth Advisors LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 0.4% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock valued at $2,929,000 after purchasing an additional 129 shares during the period. Stephenson & Company Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 0.7% during the 4th quarter. Stephenson & Company Inc. now owns 19,214 shares of the exchange traded fund’s stock valued at $1,834,000 after purchasing an additional 137 shares during the period. Pure Financial Advisors LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Pure Financial Advisors LLC now owns 12,919 shares of the exchange traded fund’s stock worth $1,233,000 after purchasing an additional 149 shares during the last quarter. Finally, Empower Advisory Group LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.4% in the 3rd quarter. Empower Advisory Group LLC now owns 3,846 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 162 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.8 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.38 on Tuesday. The business has a 50-day moving average price of $96.30 and a two-hundred day moving average price of $96.57. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year 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.