Good Life Advisors LLC Acquires New Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Good Life Advisors LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,221 shares of the exchange traded fund’s stock, valued at approximately $212,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% in the 3rd quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after acquiring an additional 174,815 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after acquiring an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC increased its stake in shares of 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. Thrivent Financial for Lutherans increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares during the last quarter. Finally, Pacific Asset Management LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 27.7% in the 3rd quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after acquiring an additional 190,796 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

Shares of JNK opened at $96.63 on Friday. The stock has a fifty day simple moving average of $96.15 and a two-hundred day simple moving average of $96.48. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90.

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.