Joseph Group Capital Management Sells 217 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Joseph Group Capital Management lessened its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,777 shares of the exchange traded fund’s stock after selling 217 shares during the quarter. Joseph Group Capital Management’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $174,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Jane Street Group LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after purchasing an additional 1,758,741 shares during the last quarter. Dynasty Wealth Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter valued at approximately $46,519,000. Toews Corp ADV lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 65.9% in the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after acquiring an additional 441,900 shares during the last quarter. Ocean Park Asset Management LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock valued at $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 414.5% in the 1st quarter. Cetera Investment Advisers now owns 292,280 shares of the exchange traded fund’s stock valued at $27,825,000 after purchasing an additional 235,473 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:JNK opened at $96.52 on Tuesday. The company’s fifty day moving average is $96.85 and its 200 day moving average is $95.64. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $91.43 and a 52 week high of $97.90.

SPDR Bloomberg High Yield Bond ETF Company 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.