Pacific Capital Wealth Advisors Inc. reduced its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Get Rating) by 89.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,103 shares of the exchange traded fund’s stock after selling 26,564 shares during the period. Pacific Capital Wealth Advisors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $279,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of JNK. Fairfield Bush & CO. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $41,000. Baird Financial Group Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 46.2% in the first quarter. Baird Financial Group Inc. now owns 10,011 shares of the exchange traded fund’s stock worth $1,026,000 after acquiring an additional 3,163 shares during the last quarter. Loomis Sayles & Co. L P grew its holdings in SPDR Bloomberg High Yield Bond ETF by 116.1% in the first quarter. Loomis Sayles & Co. L P now owns 2,323 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 1,248 shares during the period. Prudential Financial Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 2.0% in the first quarter. Prudential Financial Inc. now owns 10,427 shares of the exchange traded fund’s stock valued at $1,068,000 after purchasing an additional 209 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 15.7% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 2,656 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 360 shares during the last quarter. 65.13% of the stock is currently owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %
Shares of JNK opened at $91.74 on Thursday. The company’s fifty day moving average is $91.52 and its two-hundred day moving average is $91.65. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $86.28 and a fifty-two week high of $98.00.
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.
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