Sumitomo Mitsui Trust Holdings Inc. Sells 39,674 Shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

Sumitomo Mitsui Trust Holdings Inc. decreased its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 43.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 51,765 shares of the exchange traded fund’s stock after selling 39,674 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $5,632,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Baird Financial Group Inc. increased its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 3.9% during the 4th quarter. Baird Financial Group Inc. now owns 4,200 shares of the exchange traded fund’s stock worth $458,000 after purchasing an additional 156 shares during the period. Savior LLC increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 62.4% in the first quarter. Savior LLC now owns 432 shares of the exchange traded fund’s stock valued at $47,000 after acquiring an additional 166 shares during the period. Phillips Financial Management LLC increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 0.4% in the fourth quarter. Phillips Financial Management LLC now owns 49,054 shares of the exchange traded fund’s stock valued at $5,344,000 after acquiring an additional 173 shares during the period. Motco increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 35.2% in the fourth quarter. Motco now owns 779 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 203 shares during the period. Finally, Princeton Portfolio Strategies Group LLC increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 2.3% in the fourth quarter. Princeton Portfolio Strategies Group LLC now owns 9,136 shares of the exchange traded fund’s stock valued at $995,000 after acquiring an additional 203 shares during the period. Institutional investors own 82.96% of the company’s stock.

NYSEARCA JNK opened at $108.82 on Monday. The company’s 50-day simple moving average is $108.85 and its 200 day simple moving average is $108.58. SPDR Bloomberg Barclays High Yield Bond ETF has a twelve month low of $96.49 and a twelve month high of $109.65.

SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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