Calamos Advisors LLC Raises Position in SPDR Bloomberg High Yield Bond ETF $JNK

Calamos Advisors LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 195.0% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,365 shares of the exchange traded fund’s stock after acquiring an additional 24,700 shares during the quarter. Calamos Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,577,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Wealth Managment LLC ID purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $26,000. Brown Lisle Cummings Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the first quarter worth about $27,000. Ascentis Independent Advisors bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter worth approximately $29,000. Evolution Wealth Management Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 104.8% in the fourth quarter. Evolution Wealth Management Inc. now owns 342 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 175 shares during the last quarter. Finally, Prestige Wealth Management Group LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $35,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.07 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $94.49 and a 1 year high of $98.24. The firm has a market cap of $7.37 billion, a PE ratio of 19.96 and a beta of 0.41. The company has a 50 day simple moving average of $96.15 and a two-hundred day simple moving average of $96.59.

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.