Aristotle Pacific Capital LLC Increases Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Aristotle Pacific Capital LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 26.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 879,954 shares of the exchange traded fund’s stock after buying an additional 184,263 shares during the quarter. SPDR Bloomberg High Yield Bond ETF accounts for 24.7% of Aristotle Pacific Capital LLC’s portfolio, making the stock its 2nd biggest position. Aristotle Pacific Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $86,051,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JNK. Benjamin Edwards Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at approximately $6,677,000. Edgestream Partners L.P. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at approximately $3,340,000. Rockefeller Capital Management L.P. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 14.6% during the third quarter. Rockefeller Capital Management L.P. now owns 19,614 shares of the exchange traded fund’s stock valued at $1,918,000 after acquiring an additional 2,499 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in SPDR Bloomberg High Yield Bond ETF by 401.4% in the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after acquiring an additional 621,906 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 2.7% in the third quarter. D.A. Davidson & CO. now owns 35,600 shares of the exchange traded fund’s stock valued at $3,481,000 after acquiring an additional 923 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA JNK opened at $97.36 on Monday. The firm has a fifty day simple moving average of $96.81 and a two-hundred day simple moving average of $95.79. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $91.96 and a 12 month high of $97.90.

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.