Aspire Private Capital LLC Boosts Position in SPDR Bloomberg High Yield Bond ETF $JNK

Aspire Private Capital LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 112.8% during the 1st quarter, HoldingsChannel reports. The fund owned 35,735 shares of the exchange traded fund’s stock after acquiring an additional 18,944 shares during the quarter. Aspire Private Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,421,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JNK. State Street Corp increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 14.2% during the 3rd quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock worth $1,240,828,000 after buying an additional 1,577,119 shares during the last quarter. Assetmark Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 3.7% in the fourth quarter. Assetmark Inc. now owns 5,683,486 shares of the exchange traded fund’s stock valued at $552,492,000 after acquiring an additional 203,301 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 4.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,445,353 shares of the exchange traded fund’s stock valued at $529,343,000 after acquiring an additional 223,339 shares during the last quarter. Clark Capital Management Group Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 1.8% in the third quarter. Clark Capital Management Group Inc. now owns 3,484,384 shares of the exchange traded fund’s stock worth $341,435,000 after acquiring an additional 61,514 shares during the period. Finally, American Family Investments Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth approximately $202,974,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK stock opened at $96.22 on Monday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $94.49 and a 52-week high of $98.24. The stock has a market cap of $7.28 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. The business has a fifty day moving average of $96.34 and a two-hundred day moving average of $96.69.

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.