UNIVEST FINANCIAL Corp Acquires 3,662 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

UNIVEST FINANCIAL Corp lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 13.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,485 shares of the exchange traded fund’s stock after acquiring an additional 3,662 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,910,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 42.4% during the 4th quarter. LPL Financial LLC now owns 1,461,128 shares of the exchange traded fund’s stock valued at $139,494,000 after purchasing an additional 434,953 shares during the period. Fortis Capital Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth about $2,037,000. Sei Investments Co. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 209.7% in the fourth quarter. Sei Investments Co. now owns 439,797 shares of the exchange traded fund’s stock worth $41,987,000 after buying an additional 297,797 shares during the period. TD Private Client Wealth LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 6.0% during the 4th quarter. TD Private Client Wealth LLC now owns 3,073 shares of the exchange traded fund’s stock valued at $293,000 after acquiring an additional 175 shares in the last quarter. Finally, Symmetry Partners LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 91.2% during the 4th quarter. Symmetry Partners LLC now owns 90,662 shares of the exchange traded fund’s stock worth $8,656,000 after acquiring an additional 43,237 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

JNK opened at $96.03 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The stock has a market cap of $7.94 billion, a PE ratio of 20.14 and a beta of 0.48. The business has a 50 day moving average of $96.34 and a 200-day moving average of $96.48.

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.