SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. reduced its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,091 shares of the exchange traded fund’s stock after selling 347 shares during the period. Focus Financial Network Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Valley National Advisers Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth 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 about $30,000. Truvestments Capital LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $37,000. Blue Trust Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% in the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 285 shares in the last quarter. Finally, Realta Investment Advisors lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% in the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 210 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA:JNK opened at $96.56 on Friday. The company’s 50-day moving average price is $96.17 and its 200-day moving average price is $96.42. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $92.47 and a twelve month high of $97.90.

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.