Mirae Asset Global Investments Co. Ltd. Purchases 15,000 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Mirae Asset Global Investments Co. Ltd. increased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 15.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,000 shares of the exchange traded fund’s stock after acquiring an additional 15,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.14% of SPDR Bloomberg High Yield Bond ETF worth $11,073,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC boosted its stake in 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 valued at $258,494,000 after purchasing an additional 2,630,378 shares during the period. State Street Corp boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 19.9% in 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 acquiring an additional 1,842,852 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth $118,767,000. Allstate Corp acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth $101,224,000. Finally, Osaic Holdings Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 218.3% during the second quarter. Osaic Holdings Inc. now owns 1,095,736 shares of the exchange traded fund’s stock worth $104,919,000 after acquiring an additional 751,499 shares during the period. 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 $97.82 on Friday. The company has a market cap of $7.91 billion, a PE ratio of 19.96 and a beta of 0.42. The firm has a fifty day moving average price of $97.41 and a two-hundred day moving average price of $97.26. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $90.40 and a fifty-two week 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.