Pathstone Holdings LLC Reduces Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Pathstone Holdings LLC cut its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 31.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,512 shares of the exchange traded fund’s stock after selling 15,318 shares during the quarter. Pathstone Holdings LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,277,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Ocean Park Asset Management LLC grew its holdings 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 acquiring an additional 273,096 shares during the period. Assetmark Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% during 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. increased its holdings in shares of 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 purchasing an additional 19,504 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% in 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 period. Finally, Thrivent Financial for Lutherans boosted its holdings in 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 buying an additional 165,682 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $96.65 on Monday. The company has a fifty day moving average of $96.84 and a two-hundred day moving average of $95.70. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $91.77 and a fifty-two week 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.