Vontobel Holding Ltd. Trims Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Vontobel Holding Ltd. decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,471 shares of the exchange traded fund’s stock after selling 1,426 shares during the period. Vontobel Holding Ltd.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $5,823,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of JNK. NewEdge Wealth LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at $204,000. Perigon Wealth Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.8% in the fourth quarter. Perigon Wealth Management LLC now owns 22,584 shares of the exchange traded fund’s stock valued at $2,139,000 after acquiring an additional 170 shares during the period. Cerity Partners LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $208,000. Sandy Spring Bank acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $56,000. Finally, Harbour Trust & Investment Management Co acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $2,696,000. 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 $92.69 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $95.59. The business has a 50 day moving average of $94.37 and a two-hundred day moving average of $93.05.

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.