Norden Group LLC Sells 6,785 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Norden Group LLC lessened its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,895 shares of the exchange traded fund’s stock after selling 6,785 shares during the period. SPDR Bloomberg High Yield Bond ETF comprises 1.1% of Norden Group LLC’s holdings, making the stock its 13th largest position. Norden Group LLC owned approximately 0.12% of SPDR Bloomberg High Yield Bond ETF worth $9,346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JNK. Blue Trust Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares in the last quarter. Pinnacle Associates Ltd. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.3% during the 3rd quarter. Pinnacle Associates Ltd. now owns 14,283 shares of the exchange traded fund’s stock worth $1,353,000 after buying an additional 189 shares during the last quarter. JFS Wealth Advisors LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $63,000. Stephens Inc. AR boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 10.4% during the 3rd quarter. Stephens Inc. AR now owns 17,676 shares of the exchange traded fund’s stock worth $1,728,000 after buying an additional 1,662 shares during the last quarter. Finally, Principal Securities Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 25.8% during the 3rd quarter. Principal Securities Inc. now owns 49,017 shares of the exchange traded fund’s stock worth $4,793,000 after buying an additional 10,054 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $97.12 on Friday. The firm has a 50-day moving average of $96.27 and a 200-day moving average of $96.56. SPDR Bloomberg High Yield Bond ETF has a one year low of $92.47 and a one year 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.