Harbour Investments Inc. Has $2.19 Million Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Harbour Investments Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 102.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,953 shares of the exchange traded fund’s stock after purchasing an additional 11,627 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,191,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JNK. Principal Financial Group Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 5.8% during the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after purchasing an additional 859 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 258.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 126,799 shares of the exchange traded fund’s stock worth $12,400,000 after buying an additional 91,400 shares in the last quarter. Schwallier Wealth Management LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 16.5% during the 3rd quarter. Schwallier Wealth Management LLC now owns 11,268 shares of the exchange traded fund’s stock worth $1,102,000 after buying an additional 1,598 shares during the period. PNC Financial Services Group Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 0.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 630,755 shares of the exchange traded fund’s stock valued at $61,682,000 after buying an additional 4,577 shares in the last quarter. Finally, Commerce Bank grew its position in SPDR Bloomberg High Yield Bond ETF by 27.1% in the third quarter. Commerce Bank now owns 6,005 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 1,282 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $95.58 on Tuesday. The firm has a market capitalization of $8.63 billion, a P/E ratio of 20.14 and a beta of 0.48. The stock has a fifty day moving average price of $96.31 and a two-hundred day moving average price of $96.51. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90.

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.