Fmr LLC cut its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 54.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 439 shares of the exchange traded fund’s stock after selling 524 shares during the period. Fmr LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $43,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 83.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock worth $6,174,000 after purchasing an additional 29,844 shares during the period. Janney Montgomery Scott LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 3.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after purchasing an additional 567 shares in the last quarter. Aletheian Wealth Advisors LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 6.2% in the third quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock valued at $1,015,000 after buying an additional 604 shares during the period. Idaho Trust Bank acquired a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $9,993,000. Finally, Bank of Montreal Can grew its stake in SPDR Bloomberg High Yield Bond ETF by 9.0% during the third quarter. Bank of Montreal Can now owns 54,119 shares of the exchange traded fund’s stock worth $5,292,000 after buying an additional 4,449 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %
Shares of NYSEARCA JNK opened at $95.44 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90. The stock’s 50-day simple moving average is $96.51 and its 200-day simple moving average is $96.06.
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.
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