SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stock Position Lowered by Occidental Asset Management LLC

Occidental Asset Management LLC trimmed its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 64.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,788 shares of the exchange traded fund’s stock after selling 5,078 shares during the quarter. Occidental Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $257,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Japan Science & Technology Agency purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the first quarter valued at $358,105,000. Moneta Group Investment Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 99,822.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 3,287,456 shares of the exchange traded fund’s stock valued at $295,871,000 after purchasing an additional 3,284,166 shares during the period. Assetmark Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 225.7% in the fourth quarter. Assetmark Inc. now owns 3,519,471 shares of the exchange traded fund’s stock worth $316,752,000 after purchasing an additional 2,439,050 shares in the last quarter. Toews Corp ADV acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the first quarter worth approximately $159,604,000. Finally, State Street Corp grew its position in SPDR Bloomberg High Yield Bond ETF by 16.3% during the first quarter. State Street Corp now owns 8,695,731 shares of the exchange traded fund’s stock valued at $807,138,000 after purchasing an additional 1,216,011 shares in the last quarter.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.0 %

SPDR Bloomberg High Yield Bond ETF stock opened at $91.60 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $86.28 and a twelve month high of $94.83. The firm’s 50 day moving average price is $91.83 and its two-hundred day moving average price is $91.49.

About SPDR Bloomberg High Yield Bond ETF

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.