Kingsview Wealth Management LLC Sells 3,080 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Kingsview Wealth Management LLC decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.8% in the 1st quarter, HoldingsChannel reports. The firm owned 61,011 shares of the exchange traded fund’s stock after selling 3,080 shares during the period. Kingsview Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $5,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Creative Financial Designs Inc. ADV grew its position 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 valued at $40,000 after purchasing an additional 118 shares during the period. Lido Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.1% during the 4th quarter. Lido Advisors LLC now owns 11,534 shares of the exchange traded fund’s stock valued at $1,101,000 after buying an additional 120 shares in the last quarter. Novak & Powell Financial Services Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.2% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 5,664 shares of the exchange traded fund’s stock worth $541,000 after purchasing an additional 122 shares in the last quarter. Hillcrest Wealth Advisors NY LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 1.6% in the first quarter. Hillcrest Wealth Advisors NY LLC now owns 7,848 shares of the exchange traded fund’s stock worth $748,000 after buying an additional 125 shares in the last quarter. Finally, Advisory Services Network LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% in the fourth quarter. Advisory Services Network LLC now owns 8,144 shares of the exchange traded fund’s stock worth $778,000 after buying an additional 134 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.56 on Friday. The company has a market cap of $8.02 billion, a PE ratio of 19.96 and a beta of 0.45. The business has a 50 day moving average of $96.03 and a 200 day moving average of $95.61. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.41 and a 52 week 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.