Whittier Trust Co. Has $1.19 Million Stock Position in SPDR Bloomberg High Yield Bond ETF $JNK

Whittier Trust Co. lowered its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNKFree Report) by 7.6% during the second quarter, Holdings Channel reports. The institutional investor owned 12,276 shares of the exchange traded fund’s stock after selling 1,006 shares during the quarter. Whittier Trust Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 30.0% during the first quarter. Geneos Wealth Management Inc. now owns 21,204 shares of the exchange traded fund’s stock worth $2,021,000 after buying an additional 4,895 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $60,000. Cordatus Wealth Management LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 123.4% during the first quarter. Cordatus Wealth Management LLC now owns 12,083 shares of the exchange traded fund’s stock worth $1,151,000 after buying an additional 6,675 shares in the last quarter. Parallel Advisors LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 34.6% during the second quarter. Parallel Advisors LLC now owns 2,536 shares of the exchange traded fund’s stock worth $247,000 after buying an additional 652 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 24.1% during the first quarter. Avantax Advisory Services Inc. now owns 9,621 shares of the exchange traded fund’s stock worth $917,000 after buying an additional 1,868 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $97.27 on Thursday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $90.40 and a fifty-two week high of $98.24. The firm’s fifty day moving average price is $97.43 and its two-hundred day moving average price is $96.20. The company has a market capitalization of $8.22 billion, a P/E ratio of 19.96 and a beta of 0.45.

SPDR Bloomberg High Yield Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

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