Veery Capital LLC Has $712,000 Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Veery Capital LLC lessened its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 43.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,476 shares of the exchange traded fund’s stock after selling 5,806 shares during the period. Veery Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $712,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $28,000. Transcendent Capital Group LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $41,000. Beaird Harris Wealth Management LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $47,000. Hexagon Capital Partners LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 102.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 511 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 258 shares in the last quarter. Finally, WealthShield Partners LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $55,000. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

Shares of JNK traded up $0.22 on Thursday, hitting $94.20. The company’s stock had a trading volume of 1,475,471 shares, compared to its average volume of 3,087,725. The company has a 50 day moving average price of $94.19 and a 200 day moving average price of $94.34. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $87.79 and a fifty-two week high of $95.59.

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.