MidWestOne Financial Group Inc. Sells 696 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

MidWestOne Financial Group Inc. cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,432 shares of the exchange traded fund’s stock after selling 696 shares during the period. MidWestOne Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,187,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Valley National Advisers Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $29,000. Creative Financial Designs Inc. ADV lifted its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 118 shares in the last quarter. Realta Investment Advisors lifted its stake in SPDR Bloomberg High Yield Bond ETF by 89.7% in 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 in the last quarter. Transce3nd LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $53,000. Finally, Aptus Capital Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 75.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,082 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 465 shares in the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $95.64 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.41 and a 1 year high of $97.90. The stock has a market capitalization of $6.49 billion, a PE ratio of 19.81 and a beta of 0.43. The company’s 50 day simple moving average is $94.47 and its two-hundred day simple moving average is $95.70.

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.