Fmr LLC Has $43,000 Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Fmr LLC lessened its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 54.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 439 shares of the exchange traded fund’s stock after selling 524 shares during the quarter. Fmr LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $43,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Catalyst Financial Partners LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.5% during the third quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 139 shares in the last quarter. Hancock Whitney Corp boosted its position in SPDR Bloomberg High Yield Bond ETF by 3.2% during the 2nd quarter. Hancock Whitney Corp now owns 4,512 shares of the exchange traded fund’s stock worth $425,000 after acquiring an additional 142 shares during the period. Gladstone Institutional Advisory LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 1.7% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 9,344 shares of the exchange traded fund’s stock valued at $914,000 after acquiring an additional 152 shares in the last quarter. Empower Advisory Group LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.4% in the 3rd quarter. Empower Advisory Group LLC now owns 3,846 shares of the exchange traded fund’s stock valued at $376,000 after purchasing an additional 162 shares during the period. Finally, Cullen Frost Bankers Inc. lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% in the second quarter. Cullen Frost Bankers Inc. now owns 26,592 shares of the exchange traded fund’s stock worth $2,507,000 after purchasing an additional 173 shares in the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.3 %

Shares of JNK opened at $95.44 on Thursday. The company’s 50 day moving average price is $96.51 and its 200 day moving average price is $96.06. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90.

About SPDR Bloomberg High Yield Bond ETF

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.