SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Westside Investment Management Inc.

Westside Investment Management Inc. lowered its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 6,400 shares of the exchange traded fund’s stock after selling 342 shares during the quarter. Westside Investment Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $611,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JNK. Sei Investments Co. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 562.5% in the second quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock valued at $19,985,000 after purchasing an additional 180,000 shares during the period. Hancock Whitney Corp boosted 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 worth $425,000 after buying an additional 142 shares during the last quarter. Marshall Wace LLP increased its stake in SPDR Bloomberg High Yield Bond ETF by 38.0% during the 2nd quarter. Marshall Wace LLP now owns 174,300 shares of the exchange traded fund’s stock worth $16,431,000 after buying an additional 48,000 shares in the last quarter. Millennium Management LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 15.6% during the second quarter. Millennium Management LLC now owns 379,666 shares of the exchange traded fund’s stock valued at $35,791,000 after acquiring an additional 51,305 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.0% in the second quarter. The Manufacturers Life Insurance Company now owns 325,688 shares of the exchange traded fund’s stock valued at $30,780,000 after acquiring an additional 12,573 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.0 %

Shares of NYSEARCA:JNK opened at $96.73 on Wednesday. The business’s 50 day moving average price is $96.25 and its 200-day moving average price is $96.27. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $92.47 and a 1 year high of $97.90.

SPDR Bloomberg High Yield Bond ETF Company 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.