Kestra Advisory Services LLC Has $5.97 Million Stock Position in SPDR Bloomberg High Yield Bond ETF $JNK

Kestra Advisory Services LLC cut its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 47.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,332 shares of the exchange traded fund’s stock after selling 55,185 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $5,966,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Signal Advisors Wealth LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 65.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 18,735 shares of the exchange traded fund’s stock valued at $1,793,000 after acquiring an additional 7,428 shares during the last quarter. Kelsey Financial LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $1,462,000. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 64.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 17,729 shares of the exchange traded fund’s stock worth $1,729,000 after acquiring an additional 6,927 shares during the last quarter. Assetmark Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 3.7% during the fourth quarter. Assetmark Inc. now owns 5,683,486 shares of the exchange traded fund’s stock valued at $552,492,000 after purchasing an additional 203,301 shares during the period. Finally, Everstar Asset Management LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $6,716,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $96.07 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $94.49 and a 52 week high of $98.24. The company has a market capitalization of $7.37 billion, a PE ratio of 19.96 and a beta of 0.41. The company has a 50 day moving average price of $96.15 and a two-hundred day moving average price of $96.59.

SPDR Bloomberg 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.