SPDR Bloomberg High Yield Bond ETF $JNK Shares Bought by Johnson Financial Group Inc.

Johnson Financial Group Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 148.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,833 shares of the exchange traded fund’s stock after buying an additional 1,693 shares during the quarter. Johnson Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $276,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Crabel Capital Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 211.2% during the second quarter. Crabel Capital Management LLC now owns 139,561 shares of the exchange traded fund’s stock valued at $13,575,000 after purchasing an additional 94,722 shares during the period. Garner Asset Management Corp lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 81.1% in the 2nd quarter. Garner Asset Management Corp now owns 11,630 shares of the exchange traded fund’s stock valued at $1,131,000 after buying an additional 5,208 shares during the period. J.W. Cole Advisors Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 34.7% in the second quarter. J.W. Cole Advisors Inc. now owns 12,495 shares of the exchange traded fund’s stock worth $1,215,000 after buying an additional 3,222 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 59.4% in the second quarter. CreativeOne Wealth LLC now owns 22,038 shares of the exchange traded fund’s stock worth $2,144,000 after buying an additional 8,210 shares during the last quarter. Finally, Jefferies Financial Group Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 0.9% during the second quarter. Jefferies Financial Group Inc. now owns 58,513 shares of the exchange traded fund’s stock worth $5,692,000 after acquiring an additional 519 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

Shares of JNK stock opened at $97.65 on Friday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.40 and a twelve month high of $98.24. The stock has a market cap of $8.17 billion, a P/E ratio of 19.96 and a beta of 0.42. The stock has a 50 day moving average of $97.26 and a 200 day moving average of $96.83.

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.