Banco Santander S.A. Sells 673 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Banco Santander S.A. decreased its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 6,625 shares of the exchange traded fund’s stock after selling 673 shares during the period. Banco Santander S.A.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $648,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of JNK. Ocean Park Asset Management LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 6.0% during the second quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock worth $451,628,000 after buying an additional 273,096 shares in the last quarter. Assetmark Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 4.1% in the 3rd quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after purchasing an additional 174,815 shares during the period. Envestnet Asset Management Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 0.6% during 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 buying an additional 19,504 shares during the last quarter. Jane Street Group LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after acquiring an additional 1,758,741 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock worth $134,617,000 after buying an additional 165,682 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK opened at $96.65 on Friday. The firm’s fifty day simple moving average is $96.85 and its 200 day simple moving average is $95.67. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.77 and a twelve month 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.