UBS Group AG Sells 86,389 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

UBS Group AG lowered its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 20.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 328,120 shares of the exchange traded fund’s stock after selling 86,389 shares during the quarter. UBS Group AG owned 0.40% of SPDR Bloomberg High Yield Bond ETF worth $31,897,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. Brindle & Bay Financial Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $5,441,000. TBH Global Asset Management LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 24.0% during the 4th quarter. TBH Global Asset Management LLC now owns 13,574 shares of the exchange traded fund’s stock worth $1,319,000 after buying an additional 2,623 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 25.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 25,529 shares of the exchange traded fund’s stock worth $2,482,000 after buying an additional 5,177 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $1,249,000. Finally, Harbour Trust & Investment Management Co lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.8% during the 4th quarter. Harbour Trust & Investment Management Co now owns 27,381 shares of the exchange traded fund’s stock worth $2,662,000 after buying an additional 226 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3%

SPDR Bloomberg High Yield Bond ETF stock opened at $96.52 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $94.49 and a 52 week high of $98.24. The company’s 50 day moving average price is $96.22 and its two-hundred day moving average price is $96.92. The stock has a market cap of $7.30 billion, a P/E ratio of 19.96 and a beta of 0.41.

SPDR Bloomberg High Yield Bond ETF Company 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.