SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC decreased its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 34.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,992 shares of the exchange traded fund’s stock after selling 8,737 shares during the period. Cary Street Partners Financial LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,652,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JNK. Creative Planning lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 16.6% in the second quarter. Creative Planning now owns 4,408 shares of the exchange traded fund’s stock valued at $429,000 after purchasing an additional 629 shares during the period. Franklin Resources Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 13.3% in the second quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 124 shares during the period. NewEdge Advisors LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 27.5% in the second quarter. NewEdge Advisors LLC now owns 71,831 shares of the exchange traded fund’s stock valued at $6,987,000 after purchasing an additional 15,491 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 384,656 shares of the exchange traded fund’s stock valued at $37,415,000 after purchasing an additional 13,500 shares during the period. Finally, Ieq Capital LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 1.1% in the second quarter. Ieq Capital LLC now owns 62,963 shares of the exchange traded fund’s stock valued at $6,124,000 after purchasing an additional 712 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1%

Shares of JNK opened at $96.62 on Friday. The stock has a market cap of $7.31 billion, a P/E ratio of 19.96 and a beta of 0.41. The company has a 50-day moving average of $96.16 and a two-hundred day moving average of $96.81. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $94.49 and a 12-month high of $98.24.

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.