Strategic Investment Advisors MI Increases Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Strategic Investment Advisors MI boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 31.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,159 shares of the exchange traded fund’s stock after buying an additional 2,699 shares during the period. Strategic Investment Advisors MI’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,065,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of JNK. Millennium Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 15.6% during the second quarter. Millennium Management LLC now owns 379,666 shares of the exchange traded fund’s stock worth $35,791,000 after buying an additional 51,305 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 4.0% during the second quarter. The Manufacturers Life Insurance Company now owns 325,688 shares of the exchange traded fund’s stock worth $30,780,000 after buying an additional 12,573 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 2.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 45,582 shares of the exchange traded fund’s stock worth $4,297,000 after buying an additional 1,297 shares during the period. Regal Investment Advisors LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 3.3% during the second quarter. Regal Investment Advisors LLC now owns 37,213 shares of the exchange traded fund’s stock worth $3,508,000 after buying an additional 1,186 shares during the period. Finally, Truist Financial Corp lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.8% during the second quarter. Truist Financial Corp now owns 77,898 shares of the exchange traded fund’s stock worth $7,343,000 after buying an additional 581 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 Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $96.81 on Monday. The business has a fifty day moving average of $96.26 and a two-hundred day moving average of $96.32. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90.

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.