Financial Services Advisory Inc Sells 1,022 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Financial Services Advisory Inc lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,516 shares of the exchange traded fund’s stock after selling 1,022 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up 2.5% of Financial Services Advisory Inc’s portfolio, making the stock its 13th biggest position. Financial Services Advisory Inc owned approximately 0.13% of SPDR Bloomberg High Yield Bond ETF worth $10,416,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Redmont Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $25,000. GHP Investment Advisors Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at about $29,000. Creative Financial Designs Inc. ADV acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $30,000. Olistico Wealth LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at about $35,000. Finally, Blue Trust Inc. lifted its stake in 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 purchasing an additional 285 shares during the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

SPDR Bloomberg High Yield Bond ETF stock opened at $96.44 on Thursday. The stock has a 50-day simple moving average of $96.83 and a 200 day simple moving average of $95.45. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.22 and a 52 week high of $97.90.

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.