Stephens Inc. AR Sells 2,249 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Stephens Inc. AR decreased its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,427 shares of the exchange traded fund’s stock after selling 2,249 shares during the quarter. Stephens Inc. AR’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,473,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $30,000. Valley National Advisers Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $29,000. Truvestments Capital LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at $37,000. Blue Trust Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 285 shares during the last quarter. Finally, Realta Investment Advisors raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% during the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 210 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

JNK opened at $96.13 on Thursday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The firm has a 50-day moving average of $96.18 and a 200 day moving average of $96.42.

SPDR Bloomberg High Yield Bond ETF 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.