SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stock Holdings Decreased by BTS Asset Management Inc.

BTS Asset Management Inc. lowered its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 194,248 shares of the exchange traded fund’s stock after selling 23,216 shares during the quarter. SPDR Bloomberg High Yield Bond ETF makes up about 18.1% of BTS Asset Management Inc.’s investment portfolio, making the stock its 2nd largest position. BTS Asset Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $18,996,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of JNK. BLB&B Advisors LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 110.7% in the 3rd quarter. BLB&B Advisors LLC now owns 324,107 shares of the exchange traded fund’s stock worth $31,694,000 after purchasing an additional 170,270 shares during the period. Wealth Advisory Solutions LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.8% during the 3rd quarter. Wealth Advisory Solutions LLC now owns 5,143 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 236 shares during the last quarter. Petix & Botte Co purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at about $203,000. KFA Private Wealth Group LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 112.7% in the third quarter. KFA Private Wealth Group LLC now owns 44,016 shares of the exchange traded fund’s stock worth $4,304,000 after purchasing an additional 23,318 shares during the last quarter. Finally, Raymond James & Associates increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.8% in the third quarter. Raymond James & Associates now owns 94,450 shares of the exchange traded fund’s stock worth $9,236,000 after purchasing an additional 3,433 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.21 on Thursday. The stock has a 50 day moving average of $96.85 and a 200 day moving average of $95.24. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $88.31 and a 12 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.