Advisory Alpha LLC Sells 743 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Advisory Alpha LLC decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.5% in the first quarter, Holdings Channel reports. The fund owned 7,097 shares of the exchange traded fund’s stock after selling 743 shares during the quarter. Advisory Alpha LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $676,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV grew its stake in SPDR Bloomberg High Yield Bond ETF by 1.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock worth $988,000 after acquiring an additional 126 shares in the last quarter. Idaho Trust Bank grew its stake in SPDR Bloomberg High Yield Bond ETF by 198.3% in the fourth quarter. Idaho Trust Bank now owns 86,839 shares of the exchange traded fund’s stock worth $8,226,000 after purchasing an additional 57,725 shares in the last quarter. Adams Wealth Management purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth $540,000. NewSquare Capital LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 82.2% during the 4th quarter. NewSquare Capital LLC now owns 174,955 shares of the exchange traded fund’s stock valued at $16,450,000 after purchasing an additional 78,942 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.9% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 18,637 shares of the exchange traded fund’s stock worth $1,765,000 after buying an additional 879 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

SPDR Bloomberg High Yield Bond ETF stock traded up $0.20 during mid-day trading on Friday, reaching $95.15. 455,702 shares of the company were exchanged, compared to its average volume of 4,807,889. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $95.59. The business has a fifty day moving average of $94.30 and a 200 day moving average of $94.34.

About SPDR Bloomberg High Yield Bond ETF

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.