SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc lowered its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.6% in the third quarter, HoldingsChannel.com reports. The fund owned 63,003 shares of the exchange traded fund’s stock after selling 3,748 shares during the quarter. Prospera Financial Services Inc’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $6,161,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of JNK. Ocean Park Asset Management LLC lifted its holdings in 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. Assetmark Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% during the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after buying an additional 174,815 shares during the period. Envestnet Asset Management Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock valued at $297,545,000 after acquiring an additional 19,504 shares in the last quarter. Jane Street Group LLC increased its stake in 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 worth $242,307,000 after buying an additional 1,758,741 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% during the third quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after acquiring an additional 165,682 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.68 on Wednesday. The business has a 50-day simple moving average of $96.85 and a 200-day simple moving average of $95.65. SPDR Bloomberg High Yield Bond ETF has a one year low of $91.43 and a one year 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.