SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Nwam LLC

Nwam LLC cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,388 shares of the exchange traded fund’s stock after selling 115 shares during the period. Nwam LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,183,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in JNK. Valley National Advisers Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $29,000. Creative Financial Designs Inc. ADV acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $30,000. Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at approximately $37,000. Blue Trust Inc. grew its holdings in 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 buying an additional 285 shares during the last quarter. Finally, Realta Investment Advisors increased its position in SPDR Bloomberg High Yield Bond ETF by 89.7% during 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 currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $96.85 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The business has a fifty day moving average of $96.24 and a 200-day moving average of $96.54.

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.