SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Empower Advisory Group LLC

Empower Advisory Group LLC trimmed its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,730 shares of the exchange traded fund’s stock after selling 116 shares during the quarter. Empower Advisory Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JNK. Alpha Financial Partners LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $838,000. Blue Trust Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares during the last quarter. Raymond James & Associates boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 3.8% during the 3rd quarter. Raymond James & Associates now owns 94,450 shares of the exchange traded fund’s stock valued at $9,236,000 after acquiring an additional 3,433 shares during the period. BLB&B Advisors LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 110.7% during the 3rd quarter. BLB&B Advisors LLC now owns 324,107 shares of the exchange traded fund’s stock valued at $31,694,000 after acquiring an additional 170,270 shares during the period. Finally, Global Assets Advisory LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $303,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.70 on Thursday. The business has a 50-day moving average of $96.15 and a 200 day moving average of $96.46. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90.

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.