OLD National Bancorp IN Lowers Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

OLD National Bancorp IN reduced its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 28.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,598 shares of the exchange traded fund’s stock after selling 2,634 shares during the quarter. OLD National Bancorp IN’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $645,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. KFA Private Wealth Group LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 112.7% during the 3rd quarter. KFA Private Wealth Group LLC now owns 44,016 shares of the exchange traded fund’s stock valued at $4,304,000 after purchasing an additional 23,318 shares in the last quarter. Raymond James & Associates grew its position in SPDR Bloomberg High Yield Bond ETF by 3.8% during the third quarter. Raymond James & Associates now owns 94,450 shares of the exchange traded fund’s stock valued at $9,236,000 after buying an additional 3,433 shares during the period. Blue Trust Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 235.5% during the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 285 shares during the period. Stratos Wealth Advisors LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $626,000. Finally, RFG Advisory LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.2% in the third quarter. RFG Advisory LLC now owns 149,938 shares of the exchange traded fund’s stock worth $14,662,000 after acquiring an additional 4,647 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK stock opened at $96.70 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $87.79 and a 52-week high of $97.90. The company’s 50-day simple moving average is $96.79 and its 200-day simple moving average is $95.19.

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.