Coldstream Capital Management Inc. reduced its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 10.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,920 shares of the exchange traded fund’s stock after selling 460 shares during the quarter. Coldstream Capital Management Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $383,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the company. GHP Investment Advisors Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth $29,000. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $30,000. Truvestments Capital LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $37,000. Blue Trust Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 285 shares during the period. Finally, 1620 Investment Advisors Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the second quarter worth approximately $48,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.
SPDR Bloomberg High Yield Bond ETF Trading Down 0.3 %
Shares of NYSEARCA JNK opened at $96.43 on Friday. The business’s 50 day moving average is $96.70 and its 200-day moving average is $95.97. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90.
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.
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