Noesis Capital Mangement Corp Sells 560 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Noesis Capital Mangement Corp trimmed its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,003 shares of the exchange traded fund’s stock after selling 560 shares during the period. Noesis Capital Mangement Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $685,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JNK. Redmont Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $29,000. Creative Financial Designs Inc. ADV bought a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter worth $30,000. Olistico Wealth LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $35,000. Finally, Truvestments Capital LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $37,000. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $97.14 on Thursday. The firm has a 50-day moving average of $96.83 and a 200-day moving average of $95.74. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $91.90 and a 52-week high of $97.90.

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.