SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Position Trimmed by Cerity Partners LLC

Cerity Partners LLC reduced its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 27.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 25,167 shares of the exchange traded fund’s stock after selling 9,686 shares during the quarter. Cerity Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,461,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Toews Corp ADV increased its position in SPDR Bloomberg High Yield Bond ETF by 65.9% in the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock valued at $104,828,000 after acquiring an additional 441,900 shares during the period. Ocean Park Asset Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% during the second quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares during the period. Sei Investments Co. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 562.5% during the second quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock valued at $19,985,000 after purchasing an additional 180,000 shares during the period. Assetmark Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after purchasing an additional 174,815 shares during the period. Finally, BLB&B Advisors LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 110.7% in the 3rd quarter. BLB&B Advisors LLC now owns 324,107 shares of the exchange traded fund’s stock valued at $31,694,000 after buying an additional 170,270 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $97.36 on Monday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $91.96 and a 12 month high of $97.90. The stock’s 50 day moving average price is $96.81 and its 200 day moving average price is $95.79.

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.