Congress Wealth Management LLC DE Acquires 560 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Congress Wealth Management LLC DE raised its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,501 shares of the exchange traded fund’s stock after purchasing an additional 560 shares during the quarter. Congress Wealth Management LLC DE’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of JNK. Schroder Investment Management Group boosted its stake in SPDR Bloomberg High Yield Bond ETF by 4,254.2% in the 3rd quarter. Schroder Investment Management Group now owns 979,690 shares of the exchange traded fund’s stock valued at $88,564,000 after buying an additional 957,190 shares in the last quarter. Toews Corp ADV acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $69,939,000. Quotient Wealth Partners LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth about $48,448,000. Aristotle Pacific Capital LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 714.2% in the 4th quarter. Aristotle Pacific Capital LLC now owns 509,958 shares of the exchange traded fund’s stock worth $48,308,000 after purchasing an additional 447,322 shares during the last quarter. Finally, Angeles Investment Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth about $29,887,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

Shares of JNK traded down $0.09 during trading hours on Monday, hitting $93.65. The stock had a trading volume of 3,874,347 shares, compared to its average volume of 4,977,913. The company’s fifty day moving average is $94.17 and its two-hundred day moving average is $94.35. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $95.59.

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.