BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Sells 514,508 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp reduced its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 46.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 595,492 shares of the exchange traded fund’s stock after selling 514,508 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned approximately 0.72% of SPDR Bloomberg High Yield Bond ETF worth $58,233,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth about $25,000. Creative Financial Designs Inc. ADV purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at approximately $30,000. GHP Investment Advisors Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $29,000. Olistico Wealth LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter worth $35,000. Finally, Truvestments Capital LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth $37,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

SPDR Bloomberg High Yield Bond ETF stock opened at $97.36 on Friday. The firm’s 50 day simple moving average is $96.81 and its 200 day simple moving average is $95.78. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.96 and a 1-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.