SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Holdings Cut by Florin Court Capital LLP

Florin Court Capital LLP decreased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 41.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,300 shares of the exchange traded fund’s stock after selling 9,500 shares during the period. SPDR Bloomberg High Yield Bond ETF accounts for approximately 1.7% of Florin Court Capital LLP’s portfolio, making the stock its 17th biggest position. Florin Court Capital LLP’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,254,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JNK. Redmont Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at $25,000. Olistico Wealth LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $35,000. Transcendent Capital Group LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at about $41,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth about $47,000. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth about $48,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $96.62 on Friday. The business’s 50-day simple moving average is $95.46 and its 200-day simple moving average is $94.66. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $96.96.

About SPDR Bloomberg High Yield Bond ETF

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.