Advisors Asset Management Inc. Cuts Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Advisors Asset Management Inc. reduced its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,297 shares of the exchange traded fund’s stock after selling 132 shares during the quarter. Advisors Asset Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $322,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. First Horizon Advisors Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 11.5% during the second quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 121 shares during the period. Private Client Services LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 5.2% in the 2nd quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock worth $233,000 after acquiring an additional 123 shares during the period. Catalyst Financial Partners LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 2.5% in the 3rd quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock valued at $564,000 after purchasing an additional 139 shares in the last quarter. Hancock Whitney Corp raised its holdings in SPDR Bloomberg High Yield Bond ETF by 3.2% during the second quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock worth $425,000 after purchasing an additional 142 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 3.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 152 shares in the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $97.14 on Friday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $91.90 and a fifty-two week high of $97.90. The stock’s fifty day moving average is $96.82 and its two-hundred day moving average is $95.75.

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.