Cerity Partners LLC Has $2.46 Million Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Cerity Partners LLC decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 27.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,167 shares of the exchange traded fund’s stock after selling 9,686 shares during the quarter. Cerity Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,461,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JNK. Ocean Park Asset Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 6.0% during the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares during the last quarter. Assetmark Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% during the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after buying an additional 174,815 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock valued at $297,545,000 after acquiring an additional 19,504 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares in the last quarter. Finally, Toews Corp ADV grew its position in SPDR Bloomberg High Yield Bond ETF by 65.9% during the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after acquiring an additional 441,900 shares during the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of NYSEARCA JNK opened at $97.36 on Monday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $91.96 and a 12-month high of $97.90. The firm’s 50-day simple moving average is $96.81 and its 200 day simple moving average is $95.79.

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.