Perigon Wealth Management LLC Sells 471 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Perigon Wealth Management LLC trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,239 shares of the exchange traded fund’s stock after selling 471 shares during the period. Perigon Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,179,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of JNK. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter valued at approximately $30,000. Truvestments Capital LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at $37,000. Blue Trust Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 285 shares during the period. Fortitude Family Office LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $50,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter valued at about $61,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:JNK opened at $96.98 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The stock’s 50-day moving average is $96.29 and its 200-day moving average is $96.35.

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.