1620 Investment Advisors Inc. Sells 200 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

1620 Investment Advisors Inc. lowered its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 39.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 305 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. 1620 Investment Advisors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $29,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Integrated Capital Management LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 1.6% in the fourth quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock worth $645,000 after purchasing an additional 105 shares during the last quarter. Auour Investments LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 1.5% in the fourth quarter. Auour Investments LLC now owns 7,492 shares of the exchange traded fund’s stock worth $725,000 after purchasing an additional 108 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 38.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 118 shares during the last quarter. BlueSky Wealth Advisors LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 0.4% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock worth $2,929,000 after purchasing an additional 129 shares during the last quarter. Finally, VisionPoint Advisory Group LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 5.1% in the fourth quarter. VisionPoint Advisory Group LLC now owns 2,692 shares of the exchange traded fund’s stock worth $258,000 after purchasing an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

Shares of JNK stock opened at $95.76 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90. The firm’s 50 day moving average is $96.32 and its 200 day moving average is $96.49. The stock has a market capitalization of $8.64 billion, a P/E ratio of 20.14 and a beta of 0.48.

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.