Smartleaf Asset Management LLC Acquires 2,134 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Smartleaf Asset Management LLC increased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2,222.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,230 shares of the exchange traded fund’s stock after buying an additional 2,134 shares during the period. Smartleaf Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $213,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. World Investment Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 978.9% in the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after acquiring an additional 21,163 shares during the period. Principal Financial Group Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 859 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after purchasing an additional 567 shares during the period. Merit Financial Group LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after purchasing an additional 270 shares during the last quarter. Finally, Apollon Financial LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 17.8% in the fourth quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock valued at $757,000 after purchasing an additional 1,195 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA:JNK opened at $96.31 on Thursday. The business has a fifty day simple moving average of $96.31 and a two-hundred day simple moving average of $96.57. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 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.