DecisionMap Wealth Management LLC trimmed its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 1.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,006 shares of the exchange traded fund’s stock after selling 186 shares during the quarter. DecisionMap Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also made changes to their positions in the company. Pure Financial Advisors LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 1.2% in the 2nd quarter. Pure Financial Advisors LLC now owns 11,438 shares of the exchange traded fund’s stock valued at $1,113,000 after buying an additional 136 shares during the period. Harbour Trust & Investment Management Co grew its holdings in shares of 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 valued at $2,387,000 after acquiring an additional 147 shares in the last quarter. Private Trust Co. NA increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.3% in the first quarter. Private Trust Co. NA now owns 5,243 shares of the exchange traded fund’s stock worth $500,000 after acquiring an additional 167 shares during the last quarter. Realta Investment Advisors raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 38.5% during the first quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 171 shares in the last quarter. Finally, Schechter Investment Advisors LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 2.7% during the first quarter. Schechter Investment Advisors LLC now owns 7,117 shares of the exchange traded fund’s stock valued at $678,000 after purchasing an additional 190 shares during 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 NYSEARCA JNK opened at $97.45 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $98.24. The business’s 50-day moving average price is $97.42 and its two-hundred day moving average price is $96.18. The company has a market capitalization of $8.21 billion, a P/E ratio of 19.96 and a beta of 0.45.
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.
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