SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Family Asset Management LLC

Family Asset Management LLC cut its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 74.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 597 shares of the exchange traded fund’s stock after selling 1,753 shares during the quarter. Family Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $57,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Crestwood Advisors Group LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 3.1% in the third quarter. Crestwood Advisors Group LLC now owns 4,363 shares of the exchange traded fund’s stock valued at $394,000 after buying an additional 133 shares during the period. SteelPeak Wealth LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.6% during the 3rd quarter. SteelPeak Wealth LLC now owns 5,385 shares of the exchange traded fund’s stock valued at $487,000 after acquiring an additional 137 shares in the last quarter. Strategic Investment Advisors MI boosted its position in SPDR Bloomberg High Yield Bond ETF by 2.0% during the 4th quarter. Strategic Investment Advisors MI now owns 7,620 shares of the exchange traded fund’s stock worth $722,000 after purchasing an additional 151 shares during the period. Roger Wittlin Investment Advisory LLC increased its holdings in SPDR Bloomberg High Yield Bond ETF by 1.7% in the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 9,469 shares of the exchange traded fund’s stock valued at $856,000 after purchasing an additional 155 shares in the last quarter. Finally, Petix & Botte Co raised its position in SPDR Bloomberg High Yield Bond ETF by 5.4% in the fourth quarter. Petix & Botte Co now owns 3,088 shares of the exchange traded fund’s stock valued at $293,000 after purchasing an additional 157 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

Shares of JNK traded down $0.19 during midday trading on Wednesday, reaching $94.22. 1,657,645 shares of the company were exchanged, compared to its average volume of 5,570,579. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $87.79 and a 1-year high of $95.59. The stock has a 50-day moving average price of $94.18 and a 200-day moving average price of $93.54.

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.