Barclays PLC Decreases Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Barclays PLC lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 49.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,900 shares of the exchange traded fund’s stock after selling 17,400 shares during the period. Barclays PLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,750,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GHP Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth $29,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $30,000. Truvestments Capital LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $37,000. Blue Trust Inc. raised its stake in SPDR Bloomberg High Yield Bond ETF by 235.5% during the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares during the period. Finally, Fortitude Family Office LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $50,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.3 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $95.42 on Friday. The business’s fifty day simple moving average is $96.46 and its 200-day simple moving average is $96.06. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90.

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.