Mackenzie Financial Corp Lowers Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Mackenzie Financial Corp reduced its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 24.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,000 shares of the exchange traded fund’s stock after selling 18,343 shares during the period. Mackenzie Financial Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $5,373,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Benjamin F. Edwards & Company Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 83.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock worth $6,174,000 after purchasing an additional 29,844 shares in the last quarter. Brookstone Capital Management lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 21.1% in the 1st quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock worth $749,000 after purchasing an additional 1,369 shares in the last quarter. Aletheian Wealth Advisors LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 11.2% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 9,607 shares of the exchange traded fund’s stock worth $915,000 after purchasing an additional 971 shares in the last quarter. SageView Advisory Group LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 39.2% in the 4th quarter. SageView Advisory Group LLC now owns 220,848 shares of the exchange traded fund’s stock worth $20,991,000 after purchasing an additional 62,148 shares in the last quarter. Finally, Fisher Asset Management LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $248,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $97.22 on Wednesday. The stock’s 50 day moving average is $96.34 and its 200 day moving average is $95.01. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $87.79 and a 12 month 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.