Iams Wealth Management LLC Sells 1,119 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Iams Wealth Management LLC decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 17.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,310 shares of the exchange traded fund’s stock after selling 1,119 shares during the quarter. Iams Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $519,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Ocean Park Asset Management LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares during the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Bloomberg High Yield Bond ETF by 0.6% in the 2nd 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. raised its position in SPDR Bloomberg High Yield Bond ETF by 25.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after purchasing an additional 550,840 shares during the last quarter. Jane Street Group LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock worth $242,307,000 after acquiring an additional 1,758,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% during the second quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock worth $114,153,000 after acquiring an additional 125,140 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

JNK stock opened at $96.85 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $97.90. The business has a fifty day moving average of $96.62 and a 200-day moving average of $95.12.

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.