SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Global Trust Asset Management LLC

Global Trust Asset Management LLC lessened its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 26.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 3,258 shares of the exchange traded fund’s stock after selling 1,150 shares during the period. Global Trust Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $317,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of JNK. North Capital Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at $30,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at $32,000. Truvestments Capital LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 73.9% during the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 212 shares during the last quarter. Hoey Investments Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at $54,000. Finally, Beacon Capital Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $56,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $97.85 on Monday. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $98.24. The stock has a fifty day moving average of $97.27 and a 200-day moving average of $95.95. The company has a market capitalization of $8.32 billion, a PE ratio of 19.96 and a beta of 0.45.

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.