SO-20630017
HTML
<ul class="nav">
<li> <a class="active">linkname</a>
</li>
</ul>
JavaScript
String.prototype.splice = function (idx, rem, s) {
return (this.slice(0, idx) + s + this.slice(idx + Math.abs(rem)));
};
var text = $('a.active').text();
var ind = text.indexOf('name');
var result = text.splice(ind, 0, '<b class="caret">BOLD</b>');
$('a.active').html(result);