Transamerica Financial Advisors Inc. Trims Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Transamerica Financial Advisors Inc. cut its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,455 shares of the exchange traded fund’s stock after selling 748 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $925,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $25,000. GHP Investment Advisors Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $29,000. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth $30,000. Olistico Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at $35,000. Finally, Truvestments Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth $37,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $96.86 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $91.77 and a 1 year high of $97.90. The firm’s 50-day moving average is $96.84 and its 200-day moving average is $95.72.

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.