Clal Insurance Enterprises Holdings Ltd Buys Shares of 2,240 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the 4th quarter, HoldingsChannel reports. The fund bought 2,240 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. World Investment Advisors LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 978.9% during the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after acquiring an additional 21,163 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after acquiring an additional 859 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after acquiring an additional 567 shares during the last quarter. Merit Financial Group LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 5.6% in the 4th quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after buying an additional 270 shares in the last quarter. Finally, Apollon Financial LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 17.8% in the 4th quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock valued at $757,000 after buying an additional 1,195 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.3 %

Shares of JNK opened at $97.12 on Friday. The firm has a 50-day moving average price of $96.27 and a 200 day moving average price of $96.56. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90.

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.