Sumitomo Mitsui Trust Group Inc. Raises Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Sumitomo Mitsui Trust Group Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 258.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 126,799 shares of the exchange traded fund’s stock after purchasing an additional 91,400 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.16% of SPDR Bloomberg High Yield Bond ETF worth $12,400,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% in the second quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 121 shares during the period. Private Client Services LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.2% in the second quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock valued at $233,000 after acquiring an additional 123 shares during the period. Catalyst Financial Partners LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.5% during the 3rd quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock valued at $564,000 after purchasing an additional 139 shares in the last quarter. Hancock Whitney Corp boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.2% during the 2nd quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock valued at $425,000 after purchasing an additional 142 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.5% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 152 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 Stock Down 0.1 %

Shares of JNK opened at $96.36 on Monday. The firm’s 50-day moving average price is $96.85 and its 200-day moving average price is $95.62. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.12 and a 1-year high of $97.90.

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.