SteelPeak Wealth LLC Raises Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

SteelPeak Wealth LLC boosted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 147.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 9,471 shares of the exchange traded fund’s stock after purchasing an additional 5,648 shares during the quarter. SteelPeak Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $904,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JNK. Assetmark Inc. raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after buying an additional 174,815 shares in the last quarter. JPMorgan Chase & Co. increased 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 acquiring an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after acquiring an additional 1,963,931 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock valued at $134,617,000 after acquiring an additional 165,682 shares during the last quarter. Finally, 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 worth $86,051,000 after purchasing an additional 184,263 shares in the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock opened at $96.78 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90. The company’s 50 day moving average is $96.28 and its 200 day moving average is $96.35.

SPDR Bloomberg High Yield Bond ETF 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.