Creative Planning Has $782,000 Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Creative Planning cut its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 22.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,290 shares of the exchange traded fund’s stock after selling 2,454 shares during the period. Creative Planning’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $782,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. First Horizon Advisors Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 11.5% in the second quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 121 shares in the last quarter. Private Client Services LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 5.2% in the second quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock valued at $233,000 after acquiring an additional 123 shares during the last quarter. Founders Financial Securities LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 2.8% in the first quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 130 shares during the last quarter. Hancock Whitney Corp lifted its stake in SPDR Bloomberg High Yield Bond ETF by 3.2% in the second quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock valued at $425,000 after acquiring an additional 142 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 152 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.79 on Friday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $97.90. The company has a 50-day simple moving average of $96.57 and a two-hundred day simple moving average of $95.11.

SPDR Bloomberg High Yield Bond ETF 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.