Whittier Trust Co. Sells 2,609 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Whittier Trust Co. decreased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 16.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,623 shares of the exchange traded fund’s stock after selling 2,609 shares during the quarter. Whittier Trust Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,301,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in JNK. Valley National Advisers Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $29,000. Truvestments Capital LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $37,000. Creative Financial Designs Inc. ADV lifted its position in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 118 shares during the period. Realta Investment Advisors boosted its stake in SPDR Bloomberg High Yield Bond ETF by 89.7% during the fourth quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock worth $43,000 after buying an additional 210 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH increased its holdings in SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 1,500 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK opened at $95.76 on Friday. The company has a 50-day moving average of $96.32 and a 200-day moving average of $96.49. 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 market capitalization of $8.64 billion, a price-to-earnings ratio of 20.14 and a beta of 0.48.

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.