SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Stake Reduced by Toews Corp ADV

Toews Corp ADV reduced its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 670,100 shares of the exchange traded fund’s stock after selling 68,200 shares during the period. SPDR Bloomberg High Yield Bond ETF comprises 11.1% of Toews Corp ADV’s investment portfolio, making the stock its 5th largest position. Toews Corp ADV’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $63,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of JNK. Nations Financial Group Inc. IA ADV increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after buying an additional 126 shares during the period. Idaho Trust Bank increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 198.3% during the fourth quarter. Idaho Trust Bank now owns 86,839 shares of the exchange traded fund’s stock valued at $8,226,000 after buying an additional 57,725 shares during the period. Adams Wealth Management purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at approximately $540,000. NewSquare Capital LLC increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 82.2% during the fourth quarter. NewSquare Capital LLC now owns 174,955 shares of the exchange traded fund’s stock valued at $16,450,000 after buying an additional 78,942 shares during the period. Finally, Counterpoint Mutual Funds LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.9% during the fourth quarter. Counterpoint Mutual Funds LLC now owns 18,637 shares of the exchange traded fund’s stock valued at $1,765,000 after purchasing an additional 879 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.4 %

Shares of NYSEARCA JNK traded up $0.33 during mid-day trading on Tuesday, hitting $93.98. 2,667,969 shares of the stock traded hands, compared to its average volume of 4,957,565. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $95.59. The stock has a fifty day moving average price of $94.17 and a 200-day moving average price of $94.35.

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.