Checchi Capital Advisers LLC Acquires 15,621 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Checchi Capital Advisers LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 296,086 shares of the exchange traded fund’s stock after buying an additional 15,621 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for about 1.4% of Checchi Capital Advisers LLC’s portfolio, making the stock its 7th largest holding. Checchi Capital Advisers LLC owned about 0.39% of SPDR Bloomberg High Yield Bond ETF worth $28,341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealthgarden F.S. LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 16.5% in the first quarter. Wealthgarden F.S. LLC now owns 6,772 shares of the exchange traded fund’s stock worth $648,000 after acquiring an additional 960 shares during the period. Nwam LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.7% during the first quarter. Nwam LLC now owns 15,986 shares of the exchange traded fund’s stock worth $1,530,000 after purchasing an additional 724 shares during the last quarter. Calamos Advisors LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 195.0% during the first quarter. Calamos Advisors LLC now owns 37,365 shares of the exchange traded fund’s stock valued at $3,577,000 after purchasing an additional 24,700 shares during the period. Principal Financial Group Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 0.8% during the first quarter. Principal Financial Group Inc. now owns 68,063 shares of the exchange traded fund’s stock valued at $6,515,000 after purchasing an additional 529 shares during the period. Finally, Hibernia Wealth Partners LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 3.2% during the first quarter. Hibernia Wealth Partners LLC now owns 132,824 shares of the exchange traded fund’s stock valued at $12,714,000 after purchasing an additional 4,164 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK opened at $95.90 on Wednesday. The firm’s fifty day moving average is $96.16 and its two-hundred day moving average is $96.60. The firm has a market cap of $7.35 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a one year low of $94.49 and a one year high of $98.24.

SPDR Bloomberg High Yield Bond ETF Company 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.