Banco Santander S.A. Acquires 185 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Banco Santander S.A. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,810 shares of the exchange traded fund’s stock after buying an additional 185 shares during the quarter. Banco Santander S.A.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $650,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in JNK. Janney Montgomery Scott LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the third 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. Principal Financial Group Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% in the third 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 period. ESL Trust Services LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $75,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 21.5% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 486,245 shares of the exchange traded fund’s stock worth $47,550,000 after purchasing an additional 85,930 shares during the period. Finally, Baker Avenue Asset Management LP boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 7.0% in the third quarter. Baker Avenue Asset Management LP now owns 54,228 shares of the exchange traded fund’s stock worth $5,303,000 after purchasing an additional 3,553 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $96.11 on Monday. The firm has a market cap of $8.68 billion, a P/E ratio of 20.14 and a beta of 0.48. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90. The company has a 50 day simple moving average of $96.35 and a two-hundred day simple moving average of $96.57.

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.