SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Acquired by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,270 shares of the exchange traded fund’s stock after purchasing an additional 520 shares during the period. Richard W. Paul & Associates LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $497,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JNK. International Assets Investment Management LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $6,141,000. Allspring Global Investments Holdings LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 4.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,420 shares of the exchange traded fund’s stock worth $2,313,000 after purchasing an additional 1,100 shares in the last quarter. Cerity Partners LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $208,000. Wetzel Investment Advisors Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $28,000. Finally, J.W. Cole Advisors Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 10.7% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,712 shares of the exchange traded fund’s stock valued at $446,000 after buying an additional 455 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

SPDR Bloomberg High Yield Bond ETF stock traded down $0.08 during mid-day trading on Thursday, reaching $96.35. The company had a trading volume of 2,856,386 shares, compared to its average volume of 4,593,040. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $87.79 and a 1 year high of $96.52. The stock’s 50-day simple moving average is $94.99 and its 200-day simple moving average is $94.49.

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.