SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) is Chandler Asset Management Inc.’s 9th Largest Position

Chandler Asset Management Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 180,836 shares of the exchange traded fund’s stock after purchasing an additional 7,920 shares during the period. SPDR Bloomberg High Yield Bond ETF comprises approximately 3.5% of Chandler Asset Management Inc.’s portfolio, making the stock its 9th largest holding. Chandler Asset Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $17,047,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in JNK. Jane Street Group LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% in the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after purchasing an additional 1,758,741 shares in the last quarter. Arch Capital Group LTD. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $100,794,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in SPDR Bloomberg High Yield Bond ETF by 25.2% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after buying an additional 550,840 shares in the last quarter. Dynasty Wealth Management LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth about $46,519,000. Finally, Toews Corp ADV boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 65.9% during the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after acquiring an additional 441,900 shares in the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

JNK opened at $97.42 on Thursday. The business’s 50-day simple moving average is $95.88 and its 200-day simple moving average is $94.80. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $97.82.

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.