CreativeOne Wealth LLC Decreases Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

CreativeOne Wealth LLC lowered its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,578 shares of the exchange traded fund’s stock after selling 1,627 shares during the quarter. CreativeOne Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JNK. Redmont Wealth Advisors LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at about $25,000. GHP Investment Advisors Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at approximately $29,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $30,000. Olistico Wealth LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $35,000. Finally, Truvestments Capital LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $37,000. 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 $97.14 on Friday. The stock has a fifty day simple moving average of $96.82 and a two-hundred day simple moving average of $95.75. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.90 and a 1-year 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.