Larson Financial Group LLC trimmed its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 4.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,689 shares of the exchange traded fund’s stock after selling 1,679 shares during the period. Larson Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,294,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of JNK. Redmont Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $25,000. Creative Financial Designs Inc. ADV purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at approximately $30,000. GHP Investment Advisors Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth approximately $29,000. Olistico Wealth LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $35,000. Finally, Blue Trust Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 285 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.
SPDR Bloomberg High Yield Bond ETF Stock Performance
Shares of JNK opened at $96.65 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $91.77 and a fifty-two week high of $97.90. The company’s fifty day moving average is $96.84 and its 200 day moving average is $95.69.
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.
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