Diversify Wealth Management LLC Lowers Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Diversify Wealth Management LLC cut its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 23.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,402 shares of the exchange traded fund’s stock after selling 6,516 shares during the period. Diversify Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,040,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $30,000. Truvestments Capital LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $37,000. Blue Trust Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 285 shares during the period. Fortitude Family Office LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $50,000. Finally, Massmutual Trust Co. FSB ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $61,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.45 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The company has a 50 day moving average of $96.25 and a 200 day moving average of $96.26.

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.