SPDR Bloomberg High Yield Bond ETF $JNK is Aristotle Pacific Capital LLC’s 4th Largest Position

Aristotle Pacific Capital LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 129.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 574,407 shares of the exchange traded fund’s stock after buying an additional 324,407 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for 22.9% of Aristotle Pacific Capital LLC’s portfolio, making the stock its 4th largest position. Aristotle Pacific Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $55,838,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Advisory Alpha LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.5% in the 4th quarter. Advisory Alpha LLC now owns 6,920 shares of the exchange traded fund’s stock valued at $673,000 after purchasing an additional 105 shares during the period. Sharper & Granite LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.7% in the 4th quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock valued at $618,000 after purchasing an additional 107 shares during the period. Clearstead Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 8.5% in the 3rd quarter. Clearstead Advisors LLC now owns 1,377 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 108 shares during the period. Parallel Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,656 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 120 shares during the period. Finally, Banque Cantonale Vaudoise increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 17.5% in the 3rd quarter. Banque Cantonale Vaudoise now owns 812 shares of the exchange traded fund’s stock valued at $80,000 after purchasing an additional 121 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK opened at $96.43 on Wednesday. The company has a market capitalization of $7.30 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $94.49 and a fifty-two week high of $98.24. The business’s 50-day moving average is $96.37 and its 200-day moving average is $96.75.

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.