Whittier Trust Co. decreased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 16.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,623 shares of the exchange traded fund’s stock after selling 2,609 shares during the period. Whittier Trust Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,301,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Valley National Advisers Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $29,000. Truvestments Capital LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at $37,000. Creative Financial Designs Inc. ADV raised its holdings 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 acquiring an additional 118 shares during the period. Realta Investment Advisors raised its holdings 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 acquiring an additional 210 shares during the period. Finally, Boyd Watterson Asset Management LLC OH boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 3,658.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 1,500 shares during the period. 87.54% of the stock is owned by institutional investors.
SPDR Bloomberg High Yield Bond ETF Stock Performance
Shares of NYSEARCA:JNK opened at $95.76 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The company has a market cap of $8.64 billion, a P/E ratio of 20.14 and a beta of 0.48. The stock’s 50-day moving average is $96.32 and its 200-day moving average is $96.49.
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.
Recommended Stories
- Five stocks we like better than SPDR Bloomberg High Yield Bond ETF
- What does consumer price index measure?
- FedEx Delivers Another Crushing Blow to Its Stock Price
- How to Choose Top Rated Stocks
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- Best Stocks Under $5.00
- Micron Stock Will Retest All-Time Highs This Year
Receive News & Ratings for SPDR Bloomberg High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Bloomberg High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.