SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Lorne Steinberg Wealth Management Inc.

Lorne Steinberg Wealth Management Inc. decreased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,510 shares of the exchange traded fund’s stock after selling 120 shares during the quarter. Lorne Steinberg Wealth Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,217,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JNK. Hillcrest Wealth Advisors NY LLC lifted its holdings in shares of 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 valued at $748,000 after buying an additional 125 shares during the period. AssuredPartners Investment Advisors LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $214,000. Symmetry Partners LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 7.0% in the first quarter. Symmetry Partners LLC now owns 97,039 shares of the exchange traded fund’s stock valued at $9,248,000 after buying an additional 6,377 shares during the period. Global Assets Advisory LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 18.0% in the first quarter. Global Assets Advisory LLC now owns 4,643 shares of the exchange traded fund’s stock valued at $440,000 after buying an additional 709 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 118.5% in the first quarter. Creative Financial Designs Inc. ADV now owns 922 shares of the exchange traded fund’s stock valued at $88,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2%

Shares of NYSEARCA JNK opened at $97.24 on Monday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $90.40 and a 12 month high of $98.24. The company has a market cap of $8.20 billion, a price-to-earnings ratio of 19.96 and a beta of 0.45. The business has a fifty day simple moving average of $97.41 and a 200-day simple moving average of $96.14.

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.