OneDigital Investment Advisors LLC Sells 3,217 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

OneDigital Investment Advisors LLC lessened its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 46.2% in the third quarter, HoldingsChannel reports. The firm owned 3,751 shares of the exchange traded fund’s stock after selling 3,217 shares during the period. OneDigital Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $367,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in JNK. Ocean Park Asset Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 6.0% in the 2nd quarter. Ocean Park Asset Management LLC now owns 4,790,796 shares of the exchange traded fund’s stock worth $451,628,000 after purchasing an additional 273,096 shares in the last quarter. Assetmark Inc. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% in the 3rd quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after purchasing an additional 174,815 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,156,310 shares of the exchange traded fund’s stock worth $297,545,000 after buying an additional 19,504 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 223.6% during the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after acquiring an additional 1,758,741 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 11.5% in the second quarter. Thrivent Financial for Lutherans now owns 1,210,908 shares of the exchange traded fund’s stock valued at $114,153,000 after purchasing an additional 125,140 shares during the period. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.0 %

NYSEARCA:JNK opened at $96.65 on Friday. SPDR Bloomberg High Yield Bond ETF has a one year low of $91.67 and a one year high of $97.90. The stock has a 50 day moving average price of $96.85 and a 200 day moving average price of $95.67.

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.