Bank of New York Mellon Corp Sells 8,197 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Bank of New York Mellon Corp reduced its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,008,957 shares of the exchange traded fund’s stock after selling 8,197 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $98,081,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Wealth Managment LLC ID acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth approximately $26,000. Caitlin John LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $29,000. Brown Brothers Harriman & Co. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth approximately $35,000. Olistico Wealth LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth approximately $36,000. Finally, Principia Wealth Advisory LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth approximately $39,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $95.80 on Tuesday. The stock’s 50 day moving average is $96.26 and its 200 day moving average is $96.78. The firm has a market cap of $7.25 billion, a P/E ratio of 19.96 and a beta of 0.41. SPDR Bloomberg High Yield Bond ETF has a one year low of $94.49 and a one year 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.