RWA Wealth Partners LLC Has $420,000 Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

RWA Wealth Partners LLC lessened its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,400 shares of the exchange traded fund’s stock after selling 488 shares during the quarter. RWA Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $420,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in SPDR Bloomberg High Yield Bond ETF by 134.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after acquiring an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after purchasing an additional 1,963,931 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 450.3% in the fourth quarter. Schroder Investment Management Group now owns 841,294 shares of the exchange traded fund’s stock valued at $80,335,000 after buying an additional 688,414 shares during the period. Assetmark Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 11.6% in the 4th quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock valued at $473,877,000 after buying an additional 517,382 shares during the last quarter. Finally, LPL Financial LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 42.4% during the 4th quarter. LPL Financial LLC now owns 1,461,128 shares of the exchange traded fund’s stock worth $139,494,000 after buying an additional 434,953 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $95.02 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The company’s 50 day moving average price is $96.23 and its two-hundred day moving average price is $96.43. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48.

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.