Osaic Holdings Inc. Has $104.92 Million Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Osaic Holdings Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 218.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,095,736 shares of the exchange traded fund’s stock after purchasing an additional 751,499 shares during the period. Osaic Holdings Inc. owned approximately 1.29% of SPDR Bloomberg High Yield Bond ETF worth $104,919,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CNO Financial Group Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth about $10,262,000. Ameritas Advisory Services LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $60,000. Parallel Advisors LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 34.6% during the second quarter. Parallel Advisors LLC now owns 2,536 shares of the exchange traded fund’s stock valued at $247,000 after acquiring an additional 652 shares during the period. Angel Oak Capital Advisors LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $3,774,000. Finally, Blair William & Co. IL grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 250.8% in the 2nd quarter. Blair William & Co. IL now owns 1,154 shares of the exchange traded fund’s stock worth $112,000 after purchasing an additional 825 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.2%

Shares of JNK stock opened at $97.07 on Monday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The company has a market capitalization of $8.12 billion, a P/E ratio of 19.96 and a beta of 0.42. The firm has a 50-day moving average price of $97.12 and a 200 day moving average price of $96.97.

About SPDR Bloomberg High Yield Bond ETF

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.