Single Point Partners LLC Has $425,000 Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Single Point Partners LLC reduced its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 19.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,370 shares of the exchange traded fund’s stock after selling 1,042 shares during the quarter. Single Point Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $425,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Hillcrest Wealth Advisors NY LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% in the 1st quarter. Hillcrest Wealth Advisors NY LLC now owns 7,848 shares of the exchange traded fund’s stock valued at $748,000 after buying an additional 125 shares in the last quarter. Pure Financial Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.2% during the 2nd quarter. Pure Financial Advisors LLC now owns 11,438 shares of the exchange traded fund’s stock worth $1,113,000 after acquiring an additional 136 shares during the last quarter. Harbour Trust & Investment Management Co grew its holdings in SPDR Bloomberg High Yield Bond ETF by 0.6% during the 1st quarter. Harbour Trust & Investment Management Co now owns 25,050 shares of the exchange traded fund’s stock worth $2,387,000 after acquiring an additional 147 shares during the last quarter. Private Trust Co. NA lifted its position in SPDR Bloomberg High Yield Bond ETF by 3.3% during the 1st quarter. Private Trust Co. NA now owns 5,243 shares of the exchange traded fund’s stock valued at $500,000 after purchasing an additional 167 shares during the period. Finally, Compagnie Lombard Odier SCmA boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.3% in the 1st quarter. Compagnie Lombard Odier SCmA now owns 12,912 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 171 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1%

Shares of NYSEARCA JNK opened at $97.47 on Friday. The firm has a market capitalization of $8.25 billion, a PE ratio of 19.96 and a beta of 0.45. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The firm’s 50-day moving average is $97.34 and its 200-day moving average is $96.02.

About SPDR Bloomberg High Yield Bond ETF

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.