Mirae Asset Global Investments Co. Ltd. raised its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 15.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 113,000 shares of the exchange traded fund’s stock after purchasing an additional 15,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $11,073,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Key Financial Inc acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $34,000. First Community Trust NA acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $39,000. Trust Co. of Vermont raised its position in SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 418 shares during the last quarter. Beacon Capital Management Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $52,000. Finally, Ameritas Advisory Services LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $60,000. Institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%
JNK stock opened at $97.82 on Friday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.40 and a twelve month high of $98.24. The company has a market cap of $7.91 billion, a P/E ratio of 19.96 and a beta of 0.42. The business has a fifty day moving average of $97.41 and a 200-day moving average of $97.26.
SPDR Bloomberg High Yield Bond ETF Company 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.
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