SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) is Navigation Wealth Management Inc.’s 2nd Largest Position

Navigation Wealth Management Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 19.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 120,096 shares of the exchange traded fund’s stock after acquiring an additional 19,238 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for about 12.9% of Navigation Wealth Management Inc.’s portfolio, making the stock its 2nd largest position. Navigation Wealth Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $11,465,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in JNK. JPMorgan Chase & Co. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after acquiring an additional 1,963,931 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after acquiring an additional 621,906 shares in the last quarter. Aristotle Pacific Capital LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% during the 3rd quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after acquiring an additional 184,263 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 562.5% in the second quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock valued at $19,985,000 after purchasing an additional 180,000 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.0 %

SPDR Bloomberg High Yield Bond ETF stock opened at $95.30 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The firm’s fifty day moving average is $96.31 and its 200 day moving average is $96.18.

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.