Advisory Alpha LLC Reduces Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Advisory Alpha LLC trimmed its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,815 shares of the exchange traded fund’s stock after selling 282 shares during the quarter. Advisory Alpha LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ocean Park Asset Management LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the second quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock worth $451,628,000 after acquiring an additional 273,096 shares during the period. Envestnet Asset Management Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock valued at $297,545,000 after purchasing an additional 19,504 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in SPDR Bloomberg High Yield Bond ETF by 25.2% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock worth $259,047,000 after purchasing an additional 550,840 shares during the period. Jane Street Group LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after buying an additional 1,758,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock valued at $114,153,000 after buying an additional 125,140 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $97.22 on Wednesday. The stock’s 50-day moving average price is $96.34 and its 200-day moving average price is $95.01. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $97.90.

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.