SPDR Bloomberg High Yield Bond ETF $JNK Shares Newly Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 204,000 shares of the exchange traded fund’s stock, valued at approximately $18,921,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.32% of SPDR Bloomberg High Yield Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $28,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth approximately $29,000. NFSG Corp lifted its stake in SPDR Bloomberg High Yield Bond ETF by 78.3% in the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 141 shares in the last quarter. Eastern Bank purchased a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter worth $35,000. Finally, Brown Lisle Cummings Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 74.4% in the second quarter. Brown Lisle Cummings Inc. now owns 497 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 212 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

Shares of NYSEARCA:JNK opened at $92.36 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $91.71 and a 52-week high of $98.03. The stock’s fifty day simple moving average is $93.72 and its 200-day simple moving average is $95.70. The company has a market capitalization of $6.05 billion, a P/E ratio of 19.96 and a beta of 0.44.

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.