SVB Wealth LLC Purchases Shares of 15,076 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

SVB Wealth LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,076 shares of the exchange traded fund’s stock, valued at approximately $1,428,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of JNK. Moneta Group Investment Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 99,822.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,287,456 shares of the exchange traded fund’s stock worth $295,871,000 after purchasing an additional 3,284,166 shares during the period. State Street Corp raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 16.3% in the 1st quarter. State Street Corp now owns 8,695,731 shares of the exchange traded fund’s stock valued at $807,138,000 after acquiring an additional 1,216,011 shares during the period. Schroder Investment Management Group raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4,254.2% in the 3rd quarter. Schroder Investment Management Group now owns 979,690 shares of the exchange traded fund’s stock valued at $88,564,000 after acquiring an additional 957,190 shares during the period. Toews Corp ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at approximately $69,939,000. Finally, Renaissance Technologies LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2,388.1% in the 1st quarter. Renaissance Technologies LLC now owns 689,200 shares of the exchange traded fund’s stock valued at $63,972,000 after acquiring an additional 661,500 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $92.81 on Friday. The company’s 50 day simple moving average is $94.34 and its 200-day simple moving average is $93.04. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $87.79 and a 1 year high of $95.59.

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.