Whittier Trust Co. Decreases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Whittier Trust Co. lessened its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,232 shares of the exchange traded fund’s stock after selling 228 shares during the period. Whittier Trust Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,587,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth $25,000. GHP Investment Advisors Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter valued at about $29,000. Olistico Wealth LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at approximately $35,000. Blue Trust Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares during the last quarter. Finally, 1620 Investment Advisors Inc. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at approximately $48,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $96.53 on Wednesday. The company has a fifty day simple moving average of $96.84 and a 200 day simple moving average of $95.23. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-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.