Symmetry Partners LLC Grows Position in SPDR Bloomberg High Yield Bond ETF $JNK

Symmetry Partners LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 120,969 shares of the exchange traded fund’s stock after acquiring an additional 5,291 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for approximately 1.3% of Symmetry Partners LLC’s portfolio, making the stock its 19th biggest holding. Symmetry Partners LLC owned 0.14% of SPDR Bloomberg High Yield Bond ETF worth $11,854,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. CNO Financial Group Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $10,262,000. Ameritas Advisory Services LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter worth $60,000. Parallel Advisors LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 34.6% in the second quarter. Parallel Advisors LLC now owns 2,536 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 652 shares during the period. Angel Oak Capital Advisors LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $3,774,000. Finally, Bain Capital Credit LP acquired a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $4,087,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

NYSEARCA JNK opened at $96.99 on Wednesday. The business’s 50-day moving average price is $97.11 and its 200 day moving average price is $97.04. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.40 and a twelve month high of $98.24. The company has a market capitalization of $8.12 billion, a PE ratio of 19.96 and a beta of 0.42.

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.