SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stake Reduced by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,455 shares of the exchange traded fund’s stock after selling 748 shares during the period. Transamerica Financial Advisors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $925,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $25,000. GHP Investment Advisors Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth about $29,000. Creative Financial Designs Inc. ADV purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $30,000. Olistico Wealth LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $35,000. Finally, Truvestments Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.2 %

SPDR Bloomberg High Yield Bond ETF stock opened at $96.86 on Wednesday. The company has a 50 day moving average price of $96.84 and a 200 day moving average price of $95.72. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $91.77 and a 52 week high of $97.90.

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.