Harbour Investments Inc. Boosts Stock Position in SPDR Bloomberg High Yield Bond ETF $JNK

Harbour Investments Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 177.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,101 shares of the exchange traded fund’s stock after buying an additional 7,101 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,080,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of JNK. Counterpoint Mutual Funds LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $45,947,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 10.7% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,723,655 shares of the exchange traded fund’s stock valued at $354,458,000 after acquiring an additional 360,678 shares in the last quarter. Nuveen LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $18,638,000. Commonwealth Equity Services LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 454.5% in the first quarter. Commonwealth Equity Services LLC now owns 226,418 shares of the exchange traded fund’s stock valued at $21,578,000 after acquiring an additional 185,587 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 162.1% in the first quarter. Kestra Advisory Services LLC now owns 232,219 shares of the exchange traded fund’s stock valued at $22,130,000 after acquiring an additional 143,633 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $97.24 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The company has a market capitalization of $8.20 billion, a PE ratio of 19.96 and a beta of 0.45. The company has a fifty day moving average of $97.41 and a two-hundred day moving average of $96.13.

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.