Mariner LLC Has $4.11 Million Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Mariner LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 31.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,028 shares of the exchange traded fund’s stock after acquiring an additional 10,340 shares during the period. Mariner LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $4,108,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Keystone Financial Group bought a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $223,000. Rockefeller Capital Management L.P. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 8.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 21,268 shares of the exchange traded fund’s stock valued at $2,031,000 after purchasing an additional 1,654 shares during the last quarter. Scotia Capital Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 52.6% during the 4th quarter. Scotia Capital Inc. now owns 8,443 shares of the exchange traded fund’s stock worth $806,000 after buying an additional 2,910 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth $26,728,000. Finally, Advisory Services Network LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% in the fourth quarter. Advisory Services Network LLC now owns 8,144 shares of the exchange traded fund’s stock valued at $778,000 after buying an additional 134 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.6 %

Shares of NYSEARCA JNK opened at $93.72 on Monday. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 19.36 and a beta of 0.43. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.41 and a 12 month high of $97.90. The stock has a 50-day moving average price of $95.13 and a two-hundred day moving average price of $95.97.

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.