OneDigital Investment Advisors LLC Trims Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

OneDigital Investment Advisors LLC lowered its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,531 shares of the exchange traded fund’s stock after selling 220 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $337,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $29,000. Creative Financial Designs Inc. ADV increased its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 118 shares in the last quarter. Realta Investment Advisors raised its holdings in SPDR Bloomberg High Yield Bond ETF by 89.7% during the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after acquiring an additional 210 shares during the period. Transce3nd LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $53,000. Finally, Boyd Watterson Asset Management LLC OH boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock worth $147,000 after acquiring an additional 1,500 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.6 %

NYSEARCA:JNK opened at $93.72 on Friday. The stock has a 50-day moving average price of $95.13 and a 200 day moving average price of $95.97. The stock has a market capitalization of $6.27 billion, a P/E ratio of 19.36 and a beta of 0.43. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.41 and a 12-month high of $97.90.

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.