Slow Capital Inc. Lowers Position in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

Slow Capital Inc. lessened its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 88.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,282 shares of the exchange traded fund’s stock after selling 41,079 shares during the quarter. Slow Capital Inc.’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $575,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Osborn Williams & Donohoe LLC purchased a new stake in SPDR Bloomberg Barclays High Yield Bond ETF during the first quarter valued at $26,000. Signaturefd LLC raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 766.0% during the first quarter. Signaturefd LLC now owns 814 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 720 shares in the last quarter. Riggs Asset Managment Co. Inc. raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 5,000.0% during the first quarter. Riggs Asset Managment Co. Inc. now owns 867 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 850 shares in the last quarter. Harvest Group Wealth Management LLC purchased a new stake in SPDR Bloomberg Barclays High Yield Bond ETF during the first quarter valued at $38,000. Finally, Centaurus Financial Inc. raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 53.0% during the first quarter. Centaurus Financial Inc. now owns 1,317 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 456 shares in the last quarter.

SPDR Bloomberg Barclays High Yield Bond ETF stock traded down $0.76 during mid-day trading on Wednesday, reaching $106.93. 480,305 shares of the company’s stock traded hands, compared to its average volume of 6,084,094. The firm’s 50 day moving average price is $108.34. SPDR Bloomberg Barclays High Yield Bond ETF has a 12-month low of $98.76 and a 12-month high of $109.62.

SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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