Hibernia Wealth Partners LLC Has $11.68 Million Stake in SPDR Bloomberg High Yield Bond ETF $JNK

Hibernia Wealth Partners LLC grew its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 99.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,061 shares of the exchange traded fund’s stock after buying an additional 59,878 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up 3.8% of Hibernia Wealth Partners LLC’s portfolio, making the stock its 6th biggest holding. Hibernia Wealth Partners LLC owned 0.14% of SPDR Bloomberg High Yield Bond ETF worth $11,679,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Stephens Inc. AR increased its holdings in SPDR Bloomberg High Yield Bond ETF by 16.6% in the 1st quarter. Stephens Inc. AR now owns 17,983 shares of the exchange traded fund’s stock worth $1,714,000 after acquiring an additional 2,556 shares in the last quarter. CWM LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 12.6% in the first quarter. CWM LLC now owns 2,200 shares of the exchange traded fund’s stock worth $210,000 after purchasing an additional 247 shares during the period. Edgestream Partners L.P. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter worth approximately $1,503,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9,862.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,594 shares of the exchange traded fund’s stock worth $152,000 after purchasing an additional 1,578 shares in the last quarter. Finally, Bridgewater Advisors Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at $249,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK opened at $96.60 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $90.40 and a fifty-two week high of $98.24. The firm’s fifty day moving average is $97.43 and its 200 day moving average is $96.67. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42.

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.