Loomis Sayles & Co. L P Buys 74,152 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Loomis Sayles & Co. L P boosted its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 33.5% in the fourth quarter, Holdings Channel reports. The firm owned 295,498 shares of the exchange traded fund’s stock after purchasing an additional 74,152 shares during the quarter. Loomis Sayles & Co. L P’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $28,211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JNK. Valley National Advisers Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $29,000. Truvestments Capital LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $37,000. Creative Financial Designs Inc. ADV boosted its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 118 shares in the last quarter. Realta Investment Advisors grew its position in SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 210 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH raised its stake in SPDR Bloomberg High Yield Bond ETF by 3,658.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 1,500 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

JNK opened at $95.39 on Friday. The company has a market cap of $7.89 billion, a P/E ratio of 20.14 and a beta of 0.48. The company’s 50 day moving average is $96.31 and its 200-day moving average is $96.47. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year 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.