Simplicity Wealth LLC Boosts Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Simplicity Wealth LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 138.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,032 shares of the exchange traded fund’s stock after acquiring an additional 15,103 shares during the period. Simplicity Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,551,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of JNK. Gallagher Fiduciary Advisors LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9,700.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,657,493 shares of the exchange traded fund’s stock worth $258,494,000 after purchasing an additional 2,630,378 shares during the last quarter. State Street Corp grew its holdings in SPDR Bloomberg High Yield Bond ETF by 19.9% during the second quarter. State Street Corp now owns 11,085,683 shares of the exchange traded fund’s stock valued at $1,078,304,000 after purchasing an additional 1,842,852 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the second quarter worth $118,767,000. Allstate Corp purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter worth $101,224,000. Finally, Osaic Holdings Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 218.3% in the second quarter. Osaic Holdings Inc. now owns 1,095,736 shares of the exchange traded fund’s stock valued at $104,919,000 after buying an additional 751,499 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $97.92 on Friday. The stock has a market capitalization of $7.88 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $98.24. The business’s fifty day moving average price is $97.25 and its 200-day moving average price is $97.20.

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.