Hibernia Wealth Partners LLC Lowers Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Hibernia Wealth Partners LLC reduced its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 47.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,695 shares of the exchange traded fund’s stock after selling 25,915 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up about 1.8% of Hibernia Wealth Partners LLC’s investment portfolio, making the stock its 9th biggest position. Hibernia Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,739,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Alpha Financial Partners LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $838,000. CWM LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 65.6% in the 3rd quarter. CWM LLC now owns 5,102 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 2,022 shares during the period. Peak Financial Management Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4.5% in the 3rd quarter. Peak Financial Management Inc. now owns 4,482 shares of the exchange traded fund’s stock worth $438,000 after purchasing an additional 195 shares during the period. Probity Advisors Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 18.9% during the third quarter. Probity Advisors Inc. now owns 8,511 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 1,351 shares during the period. Finally, Global Retirement Partners LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 17.7% during the third quarter. Global Retirement Partners LLC now owns 19,271 shares of the exchange traded fund’s stock valued at $1,884,000 after buying an additional 2,893 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

JNK opened at $96.35 on Wednesday. The firm’s 50 day simple moving average is $96.20 and its two-hundred day simple moving average is $96.42. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year 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.