Harbour Investments Inc. Trims Position in SPDR Bloomberg High Yield Bond ETF $JNK

Harbour Investments Inc. decreased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 67.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,413 shares of the exchange traded fund’s stock after selling 8,982 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $429,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legacy Wealth Managment LLC ID acquired a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth approximately $26,000. Caitlin John LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $29,000. Brown Brothers Harriman & Co. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $35,000. Olistico Wealth LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth approximately $36,000. Finally, Pacifica Partners Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 310.0% in the fourth quarter. Pacifica Partners Inc. now owns 410 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 310 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.6%

SPDR Bloomberg High Yield Bond ETF stock opened at $96.17 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $94.49 and a 52-week high of $98.24. The firm has a fifty day moving average of $96.19 and a 200-day moving average of $96.80. The firm has a market capitalization of $7.28 billion, a P/E ratio of 19.96 and a beta of 0.41.

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.