Commerce Bank increased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 27.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,005 shares of the exchange traded fund’s stock after purchasing an additional 1,282 shares during the quarter. Commerce Bank’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Ocean Park Asset Management LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Assetmark Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after acquiring an additional 174,815 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock valued at $297,545,000 after acquiring an additional 19,504 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in SPDR Bloomberg High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares in the last quarter. Finally, Toews Corp ADV grew its holdings in SPDR Bloomberg High Yield Bond ETF by 65.9% during the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after acquiring an additional 441,900 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Stock Performance
Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $97.04 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $91.77 and a 1 year high of $97.90. The firm’s 50-day simple moving average is $96.84 and its 200-day simple moving average is $95.72.
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.
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