Pine Valley Investments Ltd Liability Co Has $251,000 Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Pine Valley Investments Ltd Liability Co decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 36.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,629 shares of the exchange traded fund’s stock after selling 1,492 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $251,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. World Investment Advisors LLC grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 978.9% during the 3rd quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after buying an additional 21,163 shares during the period. Principal Financial Group Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 5.8% during the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock valued at $1,527,000 after purchasing an additional 859 shares during the period. Janney Montgomery Scott LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 3.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 567 shares in the last quarter. Merit Financial Group LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock worth $488,000 after purchasing an additional 270 shares during the period. Finally, Apollon Financial LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 17.8% during the fourth quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock worth $757,000 after purchasing an additional 1,195 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $96.85 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90. The firm has a fifty day moving average of $96.24 and a 200-day moving average of $96.54.

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.