SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 16.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,918 shares of the exchange traded fund’s stock after selling 5,523 shares during the period. Diversify Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $2,686,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. First Horizon Advisors Inc. increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,175 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 121 shares during the last quarter. Private Client Services LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 5.2% during the 2nd quarter. Private Client Services LLC now owns 2,476 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 123 shares during the period. Hancock Whitney Corp increased its holdings in SPDR Bloomberg High Yield Bond ETF by 3.2% in the 2nd quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock valued at $425,000 after purchasing an additional 142 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 3.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 152 shares during the period. Finally, Aletheian Wealth Advisors LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% during the second quarter. Aletheian Wealth Advisors LLC now owns 9,773 shares of the exchange traded fund’s stock worth $921,000 after purchasing an additional 166 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.0 %

Shares of NYSEARCA JNK traded down $0.03 during trading on Wednesday, reaching $96.64. The stock had a trading volume of 829,236 shares, compared to its average volume of 4,296,851. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $88.56 and a fifty-two week high of $97.90. The business’s 50-day moving average price is $96.88 and its 200-day moving average price is $95.33.

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.