Pathstone Holdings LLC cut its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 31.4% during the third quarter, HoldingsChannel.com reports. The fund owned 33,512 shares of the exchange traded fund’s stock after selling 15,318 shares during the period. Pathstone Holdings LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,277,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the business. Thrivent Financial for Lutherans boosted its stake in SPDR Bloomberg High Yield Bond ETF by 13.7% during the third quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after buying an additional 165,682 shares during the last quarter. Chesapeake Capital Corp IL boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 27.9% during the 3rd quarter. Chesapeake Capital Corp IL now owns 15,822 shares of the exchange traded fund’s stock valued at $1,547,000 after acquiring an additional 3,452 shares during the last quarter. Mount Lucas Management LP grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.0% in the third quarter. Mount Lucas Management LP now owns 18,455 shares of the exchange traded fund’s stock valued at $1,805,000 after purchasing an additional 712 shares during the period. Agilis Partners LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 8.0% during the third quarter. Agilis Partners LLC now owns 26,306 shares of the exchange traded fund’s stock worth $2,572,000 after purchasing an additional 1,946 shares during the last quarter. Finally, Empower Advisory Group LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 4.4% during the third quarter. Empower Advisory Group LLC now owns 3,846 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 162 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Performance
NYSEARCA:JNK opened at $96.65 on Monday. The company’s 50-day moving average is $96.84 and its two-hundred day moving average is $95.70. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.77 and a 1-year high of $97.90.
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.
Read More
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- What is a Low P/E Ratio and What Does it Tell Investors?
- Disney’s Magic Strategy: Reinventing the House of Mouse
- What is the Euro STOXX 50 Index?
- Volatility in Semis? 3 Stable Alternatives to NVIDIA and SMCI
- How to Calculate Options Profits
- Vertiv’s Cool Tech Makes Its Stock Red-Hot
Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report).
Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.