Atria Wealth Solutions Inc. Sells 13,039 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Atria Wealth Solutions Inc. trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 20.5% in the 1st quarter, Holdings Channel reports. The fund owned 50,600 shares of the exchange traded fund’s stock after selling 13,039 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $4,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of JNK. Raymond James Financial Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $26,728,000. Commonwealth Equity Services LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 454.5% in the first quarter. Commonwealth Equity Services LLC now owns 226,418 shares of the exchange traded fund’s stock valued at $21,578,000 after acquiring an additional 185,587 shares during the period. Northern Trust Corp bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $17,449,000. Jefferies Financial Group Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $11,051,000. Finally, MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 70.4% in the fourth quarter. MESIROW FINANCIAL INVESTMENT MANAGEMENT Fixed Income now owns 242,000 shares of the exchange traded fund’s stock valued at $23,104,000 after acquiring an additional 100,000 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $96.77 on Thursday. The stock has a market cap of $8.10 billion, a P/E ratio of 19.96 and a beta of 0.45. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $97.90. The stock has a fifty day moving average price of $96.43 and a 200 day moving average price of $95.71.

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.