Cetera Investment Advisers Decreases Stock Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Cetera Investment Advisers reduced its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 300,667 shares of the exchange traded fund’s stock after selling 10,453 shares during the quarter. Cetera Investment Advisers owned 0.36% of SPDR Bloomberg High Yield Bond ETF worth $29,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 1st quarter worth approximately $32,000. Key Financial Inc purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $34,000. Truvestments Capital LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 73.9% in the first quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 212 shares during the last quarter. Beacon Capital Management LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $56,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $60,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.2%

SPDR Bloomberg High Yield Bond ETF stock opened at $96.46 on Tuesday. The firm has a market capitalization of $8.07 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24. The firm’s 50-day simple moving average is $97.39 and its 200 day simple moving average is $96.72.

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.