Hsbc Holdings PLC Has $34.84 Million Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Hsbc Holdings PLC decreased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 20.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 369,537 shares of the exchange traded fund’s stock after selling 96,186 shares during the period. Hsbc Holdings PLC owned about 0.41% of SPDR Bloomberg High Yield Bond ETF worth $34,836,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Ocean Park Asset Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 6.0% during the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock worth $451,628,000 after buying an additional 273,096 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock worth $297,545,000 after acquiring an additional 19,504 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 25.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock worth $259,047,000 after purchasing an additional 550,840 shares in the last quarter. Jane Street Group LLC grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after purchasing an additional 1,758,741 shares during the last quarter. Finally, Toews Corp ADV increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 65.9% in the second quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock valued at $104,828,000 after purchasing an additional 441,900 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock opened at $97.74 on Friday. The company has a 50 day moving average price of $95.99 and a 200 day moving average price of $94.84. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $87.79 and a fifty-two week high of $97.90.

SPDR Bloomberg High Yield Bond ETF Company 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.