Principal Financial Group Inc. Grows Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Principal Financial Group Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,612 shares of the exchange traded fund’s stock after buying an additional 859 shares during the quarter. Principal Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,527,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. First Horizon Advisors Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 11.5% during the second quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 121 shares during the last quarter. Private Client Services LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.2% during the 2nd quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock valued at $233,000 after purchasing an additional 123 shares during the last quarter. Catalyst Financial Partners LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 2.5% in the 3rd quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock worth $564,000 after purchasing an additional 139 shares during the period. Hancock Whitney Corp lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3.2% in the second quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 142 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 3.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $420,000 after buying an additional 152 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $96.65 on Friday. The stock’s 50-day moving average price is $96.84 and its 200-day moving average price is $95.69. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.77 and a 12-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.