KFA Private Wealth Group LLC Sells 47,874 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

KFA Private Wealth Group LLC lowered its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 87.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,001 shares of the exchange traded fund’s stock after selling 47,874 shares during the period. KFA Private Wealth Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $670,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in JNK. American Family Investments Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at about $202,974,000. Northwestern Mutual Investment Management Company LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $174,978,000. State Street Corp boosted its position in SPDR Bloomberg High Yield Bond ETF by 14.2% during the third quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock worth $1,240,828,000 after purchasing an additional 1,577,119 shares during the period. TD Asset Management Inc bought a new stake in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth approximately $80,090,000. Finally, Moulton Wealth Management Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth approximately $38,544,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1%

Shares of JNK stock opened at $96.19 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $94.49 and a 12 month high of $98.24. The company has a market cap of $7.28 billion, a PE ratio of 19.96 and a beta of 0.41. The business’s 50 day moving average is $96.36 and its two-hundred day moving average is $96.70.

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.