Graetz Wealth LLC Sells 8,353 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Graetz Wealth LLC trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 21.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,987 shares of the exchange traded fund’s stock after selling 8,353 shares during the quarter. SPDR Bloomberg High Yield Bond ETF comprises about 2.6% of Graetz Wealth LLC’s portfolio, making the stock its 10th biggest position. Graetz Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,870,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. American Family Investments Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $202,974,000. Northwestern Mutual Investment Management Company LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth approximately $174,978,000. State Street Corp grew its stake in SPDR Bloomberg High Yield Bond ETF by 14.2% in the third quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock valued at $1,240,828,000 after acquiring an additional 1,577,119 shares during the period. TD Asset Management Inc acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $80,090,000. Finally, Moulton Wealth Management Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $38,544,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1%

Shares of JNK opened at $96.00 on Friday. The business’s fifty day moving average is $96.20 and its 200 day moving average is $96.63. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $94.49 and a 12-month high of $98.24. The stock has a market cap of $7.44 billion, a P/E ratio of 19.96 and a beta of 0.41.

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.