Daymark Wealth Partners LLC Invests $274,000 in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Daymark Wealth Partners LLC bought a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,872 shares of the exchange traded fund’s stock, valued at approximately $274,000.

A number of other institutional investors and hedge funds also recently modified their holdings of JNK. JPMorgan Chase & Co. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares during the period. World Investment Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after purchasing an additional 1,963,931 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% in the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after buying an additional 621,906 shares during the period. Aristotle Pacific Capital LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% during the third quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after buying an additional 184,263 shares in the last quarter. Finally, Assetmark Inc. raised its position in 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 buying an additional 174,815 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.81 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90. The stock has a 50-day moving average price of $96.26 and a 200 day moving average price of $96.29.

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.