Financial Counselors Inc. Decreases Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Financial Counselors Inc. decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 33.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 3,475 shares of the exchange traded fund’s stock after selling 1,710 shares during the period. Financial Counselors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $340,000 at the end of the most recent reporting period.

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

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

SPDR Bloomberg High Yield Bond ETF stock opened at $97.36 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.96 and a 12-month high of $97.90. The firm’s fifty day moving average price is $96.81 and its 200 day moving average price is $95.78.

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.