Banco Santander S.A. Cuts Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Banco Santander S.A. reduced its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,327 shares of the exchange traded fund’s stock after selling 507 shares during the period. Banco Santander S.A.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $698,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $28,000. Kessler Investment Group LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth approximately $33,000. Transcendent Capital Group LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $41,000. Beaird Harris Wealth Management LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $47,000. Finally, Hexagon Capital Partners LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 102.0% during the 4th 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 during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1 %

Shares of NYSEARCA:JNK traded down $0.08 during trading hours on Friday, reaching $95.21. The stock had a trading volume of 2,366,150 shares, compared to its average volume of 2,788,428. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $87.79 and a 1 year high of $95.70. The firm’s 50 day moving average is $94.43 and its 200-day moving average is $94.36.

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.