Natixis Advisors L.P. Makes New $9.33 Million Investment in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Natixis Advisors L.P. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNKFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 98,525 shares of the exchange traded fund’s stock, valued at approximately $9,332,000. Natixis Advisors L.P. owned approximately 0.10% of SPDR Bloomberg High Yield Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JNK. Wright Fund Management LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 9.5% in the 3rd quarter. Wright Fund Management LLC now owns 4,796,606 shares of the exchange traded fund’s stock worth $433,613,000 after buying an additional 416,798 shares during the last quarter. Assetmark Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 0.3% during the 3rd quarter. Assetmark Inc. now owns 3,498,112 shares of the exchange traded fund’s stock valued at $316,229,000 after acquiring an additional 11,973 shares during the period. Schroder Investment Management Group lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 4,254.2% during the 3rd quarter. Schroder Investment Management Group now owns 979,690 shares of the exchange traded fund’s stock worth $88,564,000 after purchasing an additional 957,190 shares in the last quarter. Toews Corp ADV purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at about $69,939,000. Finally, PNC Financial Services Group Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% during the third quarter. PNC Financial Services Group Inc. now owns 737,503 shares of the exchange traded fund’s stock valued at $66,670,000 after buying an additional 5,319 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock opened at $94.21 on Thursday. The firm has a 50 day moving average of $94.17 and a 200-day moving average of $93.55. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $87.79 and a 12 month high of $95.59.

SPDR Bloomberg High Yield Bond ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.