Ascent Group LLC Sells 1,846 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Ascent Group LLC lowered its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 23,428 shares of the exchange traded fund’s stock after selling 1,846 shares during the period. Ascent Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,230,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Nations Financial Group Inc. IA ADV grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth 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 period. Founders Financial Securities LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.8% during the first quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock worth $460,000 after acquiring an additional 130 shares during the period. Azimuth Capital Investment Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock worth $232,000 after acquiring an additional 143 shares during the period. Petix & Botte Co boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.4% during the fourth quarter. Petix & Botte Co now owns 3,088 shares of the exchange traded fund’s stock worth $293,000 after acquiring an additional 157 shares during the period. Finally, Perigon Wealth Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 0.8% during the fourth quarter. Perigon Wealth Management LLC now owns 22,584 shares of the exchange traded fund’s stock worth $2,139,000 after acquiring an additional 170 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:JNK traded down $0.09 during trading on Monday, reaching $95.45. 3,203,472 shares of the stock were exchanged, compared to its average volume of 4,676,418. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $87.79 and a 12 month high of $95.72. The stock has a 50-day moving average price of $94.55 and a 200-day moving average price of $94.40.

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.