Rafferty Asset Management LLC Sells 13,860 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Rafferty Asset Management LLC reduced its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 192,260 shares of the exchange traded fund’s stock after selling 13,860 shares during the period. Rafferty Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $18,355,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Auour Investments LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.5% in the fourth quarter. Auour Investments LLC now owns 7,492 shares of the exchange traded fund’s stock worth $725,000 after purchasing an additional 108 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth 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 during the last quarter. Lido Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.1% in the fourth quarter. Lido Advisors LLC now owns 11,534 shares of the exchange traded fund’s stock worth $1,101,000 after purchasing an additional 120 shares during the last quarter. BlueSky Wealth Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 0.4% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock worth $2,929,000 after purchasing an additional 129 shares during the last quarter. Finally, VisionPoint Advisory Group LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 5.1% in the fourth quarter. VisionPoint Advisory Group LLC now owns 2,692 shares of the exchange traded fund’s stock worth $258,000 after purchasing an additional 131 shares during the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2%

SPDR Bloomberg High Yield Bond ETF stock opened at $95.62 on Friday. The company has a market capitalization of $6.49 billion, a PE ratio of 19.81 and a beta of 0.43. The firm has a fifty day simple moving average of $94.44 and a two-hundred day simple moving average of $95.72. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.41 and a twelve month high of $97.90.

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.