Wealthspire Advisors LLC Reduces Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Wealthspire Advisors LLC trimmed its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 19.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,043 shares of the exchange traded fund’s stock after selling 12,222 shares during the quarter. Wealthspire Advisors LLC owned 0.06% of SPDR Bloomberg High Yield Bond ETF worth $4,778,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of JNK. Creative Financial Designs Inc. ADV purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $30,000. Valley National Advisers Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter valued at $29,000. Truvestments Capital LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $37,000. Blue Trust Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the third 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 period. Finally, Realta Investment Advisors boosted its stake in shares of 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 valued at $43,000 after purchasing an additional 210 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK opened at $96.63 on Monday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90. The firm has a fifty day moving average price of $96.15 and a 200-day moving average price of $96.51.

About SPDR Bloomberg High Yield Bond ETF

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.