SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Purchased by Sei Investments Co.

Sei Investments Co. increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 562.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 212,000 shares of the exchange traded fund’s stock after acquiring an additional 180,000 shares during the quarter. Sei Investments Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $19,985,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of JNK. Adams Wealth Management acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $540,000. Benjamin F. Edwards & Company Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 83.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock worth $6,174,000 after acquiring an additional 29,844 shares during the last quarter. Brookstone Capital Management raised its position in SPDR Bloomberg High Yield Bond ETF by 21.1% in the first quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock valued at $749,000 after purchasing an additional 1,369 shares during the period. Aletheian Wealth Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 11.2% in the first quarter. Aletheian Wealth Advisors LLC now owns 9,607 shares of the exchange traded fund’s stock valued at $915,000 after purchasing an additional 971 shares during the period. Finally, SageView Advisory Group LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 39.2% in the 4th quarter. SageView Advisory Group LLC now owns 220,848 shares of the exchange traded fund’s stock valued at $20,991,000 after purchasing an additional 62,148 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $97.50 on Thursday. The business has a 50-day moving average price of $96.16 and a 200 day moving average price of $94.93. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month 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.