Larson Financial Group LLC Sells 1,679 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Larson Financial Group LLC reduced its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,689 shares of the exchange traded fund’s stock after selling 1,679 shares during the quarter. Larson Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,294,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% in the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock worth $242,307,000 after buying an additional 1,758,741 shares in the last quarter. Dynasty Wealth Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF in the 1st quarter valued at approximately $46,519,000. Toews Corp ADV boosted its stake in SPDR Bloomberg High Yield Bond ETF by 65.9% during the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock valued at $104,828,000 after purchasing an additional 441,900 shares during the last quarter. Ocean Park Asset Management LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock worth $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 414.5% in the first quarter. Cetera Investment Advisers now owns 292,280 shares of the exchange traded fund’s stock worth $27,825,000 after purchasing an additional 235,473 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 Stock Performance

NYSEARCA JNK opened at $96.65 on Friday. The stock has a 50-day moving average of $96.84 and a 200 day moving average of $95.69. SPDR Bloomberg High Yield Bond ETF has a one year low of $91.77 and a one year high of $97.90.

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.