SPDR Bloomberg High Yield Bond ETF $JNK Shares Bought by Ameriflex Group Inc.

Ameriflex Group Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 106.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 787 shares of the exchange traded fund’s stock after acquiring an additional 405 shares during the quarter. Ameriflex Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $76,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in JNK. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 10.7% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,723,655 shares of the exchange traded fund’s stock valued at $354,458,000 after purchasing an additional 360,678 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.1% during the 1st quarter. Ameriprise Financial Inc. now owns 1,019,563 shares of the exchange traded fund’s stock worth $98,591,000 after buying an additional 31,039 shares during the last quarter. Counterpoint Mutual Funds LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $45,947,000. BLB&B Advisors LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 10.5% in the 1st quarter. BLB&B Advisors LLC now owns 410,043 shares of the exchange traded fund’s stock valued at $39,077,000 after buying an additional 39,035 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.5% in the 1st quarter. The Manufacturers Life Insurance Company now owns 371,156 shares of the exchange traded fund’s stock valued at $35,371,000 after buying an additional 12,500 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK opened at $97.47 on Monday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $90.40 and a 1-year high of $98.24. The stock has a market cap of $8.25 billion, a PE ratio of 19.96 and a beta of 0.45. The firm has a fifty day moving average price of $97.34 and a 200 day moving average price of $96.02.

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.