Ameritas Advisory Services LLC Purchases 67,390 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Ameritas Advisory Services LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 17,017.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,786 shares of the exchange traded fund’s stock after buying an additional 67,390 shares during the quarter. Ameritas Advisory Services LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $6,589,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of JNK. Creative Planning grew its stake in SPDR Bloomberg High Yield Bond ETF by 16.6% in the second quarter. Creative Planning now owns 4,408 shares of the exchange traded fund’s stock valued at $429,000 after purchasing an additional 629 shares in the last quarter. Franklin Resources Inc. grew its stake in SPDR Bloomberg High Yield Bond ETF by 13.3% in the second quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 124 shares in the last quarter. NewEdge Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 27.5% in the second quarter. NewEdge Advisors LLC now owns 71,831 shares of the exchange traded fund’s stock valued at $6,987,000 after purchasing an additional 15,491 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in SPDR Bloomberg High Yield Bond ETF by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 384,656 shares of the exchange traded fund’s stock valued at $37,415,000 after purchasing an additional 13,500 shares in the last quarter. Finally, Ieq Capital LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 1.1% in the second quarter. Ieq Capital LLC now owns 62,963 shares of the exchange traded fund’s stock valued at $6,124,000 after purchasing an additional 712 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1%

JNK stock opened at $96.18 on Wednesday. The business has a 50 day moving average price of $96.15 and a two-hundred day moving average price of $96.90. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24.

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.