SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Holdings Cut by Merriman Wealth Management LLC

Merriman Wealth Management LLC decreased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,608 shares of the exchange traded fund’s stock after selling 737 shares during the quarter. Merriman Wealth Management LLC owned approximately 0.07% of SPDR Bloomberg High Yield Bond ETF worth $6,279,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after purchasing an additional 126 shares during the last quarter. Adams Wealth Management acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $540,000. Congress Wealth Management LLC DE grew its stake in SPDR Bloomberg High Yield Bond ETF by 0.9% in the 4th quarter. Congress Wealth Management LLC DE now owns 37,941 shares of the exchange traded fund’s stock valued at $3,594,000 after buying an additional 333 shares during the last quarter. Brookstone Capital Management grew its stake in SPDR Bloomberg High Yield Bond ETF by 21.1% in the 1st quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock valued at $749,000 after buying an additional 1,369 shares during the last quarter. Finally, Aletheian Wealth Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 11.2% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 9,607 shares of the exchange traded fund’s stock valued at $915,000 after buying an additional 971 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $97.74 on Friday. The company’s fifty day moving average is $96.04 and its two-hundred day moving average is $94.86. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $87.79 and a 52-week high of $97.90.

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.