Integrity Alliance LLC. Makes New Investment in SPDR Bloomberg High Yield Bond ETF $JNK

Integrity Alliance LLC. purchased a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,479 shares of the exchange traded fund’s stock, valued at approximately $508,000.

A number of other large investors also recently modified their holdings of the company. State Street Corp boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 23.5% during the 2nd quarter. State Street Corp now owns 13,671,856 shares of the exchange traded fund’s stock valued at $1,317,557,000 after acquiring an additional 2,597,336 shares in the last quarter. Assetmark Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.4% during the first quarter. Assetmark Inc. now owns 5,875,122 shares of the exchange traded fund’s stock valued at $562,367,000 after purchasing an additional 191,636 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 23.3% during the second quarter. Envestnet Asset Management Inc. now owns 2,246,389 shares of the exchange traded fund’s stock worth $216,485,000 after purchasing an additional 424,952 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.0% during the first quarter. Bank of America Corp DE now owns 845,991 shares of the exchange traded fund’s stock worth $80,978,000 after purchasing an additional 97,474 shares during the last quarter. Finally, BLB&B Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $63,764,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $92.70 on Friday. The business has a 50 day moving average of $93.52 and a 200-day moving average of $95.62. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $91.71 and a 1 year high of $98.03. The company has a market capitalization of $6.20 billion, a P/E ratio of 19.96 and a beta of 0.43.

About SPDR Bloomberg High Yield Bond ETF

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.