SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Pure Financial Advisors LLC

Pure Financial Advisors LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 12,919 shares of the exchange traded fund’s stock after buying an additional 149 shares during the quarter. Pure Financial Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,233,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Sei Investments Co. lifted its position in SPDR Bloomberg High Yield Bond ETF by 562.5% during the 2nd quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock worth $19,985,000 after acquiring an additional 180,000 shares in the last quarter. Hancock Whitney Corp lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.2% during the second quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 142 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 38.0% in the second quarter. Marshall Wace LLP now owns 174,300 shares of the exchange traded fund’s stock valued at $16,431,000 after purchasing an additional 48,000 shares during the period. Millennium Management LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 15.6% in the second quarter. Millennium Management LLC now owns 379,666 shares of the exchange traded fund’s stock valued at $35,791,000 after purchasing an additional 51,305 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in SPDR Bloomberg High Yield Bond ETF by 4.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 325,688 shares of the exchange traded fund’s stock valued at $30,780,000 after purchasing an additional 12,573 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.3 %

Shares of JNK stock opened at $96.73 on Wednesday. The company’s fifty day moving average price is $96.25 and its two-hundred day moving average price is $96.27. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90.

SPDR Bloomberg High Yield Bond ETF Company 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.