Thrivent Financial for Lutherans Raises Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Thrivent Financial for Lutherans grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,378,530 shares of the exchange traded fund’s stock after buying an additional 1,940 shares during the quarter. Thrivent Financial for Lutherans owned 1.61% of SPDR Bloomberg High Yield Bond ETF worth $131,625,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after acquiring an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after purchasing an additional 1,963,931 shares during the last quarter. BNP Paribas Financial Markets raised its position in SPDR Bloomberg High Yield Bond ETF by 401.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after purchasing an additional 621,906 shares during the period. Assetmark Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 11.6% in the fourth quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock worth $473,877,000 after purchasing an additional 517,382 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $26,728,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK opened at $95.58 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year high of $97.90. The stock has a market cap of $8.63 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48. The stock’s 50 day moving average price is $96.31 and its 200-day moving average price is $96.51.

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.