SPDR Bloomberg High Yield Bond ETF $JNK Stake Cut by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,278,283 shares of the exchange traded fund’s stock after selling 28,581 shares during the quarter. Thrivent Financial for Lutherans owned approximately 1.53% of SPDR Bloomberg High Yield Bond ETF worth $124,573,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. State Street Corp grew its position in SPDR Bloomberg High Yield Bond ETF by 19.9% during the second quarter. State Street Corp now owns 11,085,683 shares of the exchange traded fund’s stock valued at $1,078,304,000 after purchasing an additional 1,842,852 shares in the last quarter. Assetmark Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.5% during the 2nd quarter. Assetmark Inc. now owns 5,066,020 shares of the exchange traded fund’s stock valued at $492,772,000 after buying an additional 309,551 shares during the period. Gallagher Fiduciary Advisors LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 9,700.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,657,493 shares of the exchange traded fund’s stock valued at $258,494,000 after acquiring an additional 2,630,378 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth $118,767,000. Finally, Man Group plc increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 24.6% in the second quarter. Man Group plc now owns 1,111,502 shares of the exchange traded fund’s stock worth $108,116,000 after acquiring an additional 219,125 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

Shares of NYSEARCA:JNK opened at $97.82 on Friday. The firm has a market cap of $7.91 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The business has a fifty day simple moving average of $97.41 and a 200 day simple moving average of $97.27.

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.