Hsbc Holdings PLC Sells 19,645 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Hsbc Holdings PLC lessened its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 271,170 shares of the exchange traded fund’s stock after selling 19,645 shares during the period. Hsbc Holdings PLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $25,956,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Advisory Alpha LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 1.5% during the 4th quarter. Advisory Alpha LLC now owns 6,920 shares of the exchange traded fund’s stock valued at $673,000 after purchasing an additional 105 shares during the last quarter. Sharper & Granite LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% during the fourth quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock worth $618,000 after buying an additional 107 shares during the last quarter. Banque Cantonale Vaudoise grew its stake in SPDR Bloomberg High Yield Bond ETF by 13.3% during the first quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 108 shares during the last quarter. Parallel Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 4.7% during the third quarter. Parallel Advisors LLC now owns 2,656 shares of the exchange traded fund’s stock worth $260,000 after buying an additional 120 shares during the last quarter. Finally, Clearstead Advisors LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 8.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock worth $146,000 after buying an additional 122 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1%

NYSEARCA:JNK opened at $95.90 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $94.49 and a 1 year high of $98.24. The firm has a 50 day moving average of $96.12 and a 200-day moving average of $96.56. The stock has a market capitalization of $7.30 billion, a P/E 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.