SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 67.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. 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 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of JNK. Legacy Wealth Managment LLC ID acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $26,000. Caitlin John LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $29,000. Brown Brothers Harriman & Co. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $35,000. Olistico Wealth LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $36,000. Finally, Pacifica Partners Inc. increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 310.0% during 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 during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.6%

Shares of 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 company’s 50-day simple moving average is $96.19 and its 200-day simple moving average is $96.80. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41.

About SPDR Bloomberg High Yield Bond ETF

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.