Vontobel Holding Ltd. Trims Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Vontobel Holding Ltd. reduced its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,471 shares of the exchange traded fund’s stock after selling 1,426 shares during the quarter. Vontobel Holding Ltd. owned about 0.07% of SPDR Bloomberg High Yield Bond ETF worth $5,823,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Stonehage Fleming Financial Services Holdings Ltd increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 296.8% in the third quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 18,245 shares of the exchange traded fund’s stock worth $1,649,000 after buying an additional 13,647 shares during the period. Stratos Wealth Partners LTD. increased its position in SPDR Bloomberg High Yield Bond ETF by 21.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 31,637 shares of the exchange traded fund’s stock valued at $2,997,000 after purchasing an additional 5,550 shares during the period. Wilbanks Smith & Thomas Asset Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.7% during the 3rd quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 16,791 shares of the exchange traded fund’s stock valued at $1,518,000 after buying an additional 275 shares in the last quarter. ProVise Management Group LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 104.7% during the 3rd quarter. ProVise Management Group LLC now owns 19,285 shares of the exchange traded fund’s stock valued at $1,743,000 after buying an additional 9,866 shares in the last quarter. Finally, NewSquare Capital LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.2% during the 3rd quarter. NewSquare Capital LLC now owns 96,013 shares of the exchange traded fund’s stock valued at $8,562,000 after buying an additional 2,956 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK stock opened at $92.69 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $87.79 and a 12 month high of $95.59. The company’s fifty day moving average price is $94.37 and its 200-day moving average price is $93.05.

SPDR Bloomberg High Yield Bond ETF 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.