Single Point Partners LLC decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,393 shares of the exchange traded fund’s stock after selling 134 shares during the period. Single Point Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $515,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also modified their holdings of JNK. World Investment Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 978.9% during the 3rd quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock worth $2,281,000 after purchasing an additional 21,163 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% during the third quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock worth $1,527,000 after buying an additional 859 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after buying an additional 567 shares during the period. Merit Financial Group LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 5.6% in the fourth quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after acquiring an additional 270 shares in the last quarter. Finally, Apollon Financial LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 17.8% in the fourth quarter. Apollon Financial LLC now owns 7,927 shares of the exchange traded fund’s stock worth $757,000 after acquiring an additional 1,195 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 NYSEARCA:JNK opened at $96.46 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The company’s 50 day moving average is $96.21 and its two-hundred day moving average is $96.41.
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.
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