SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC cut its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,006 shares of the exchange traded fund’s stock after selling 186 shares during the period. DecisionMap Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,265,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in SPDR Bloomberg High Yield Bond ETF by 10.7% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,723,655 shares of the exchange traded fund’s stock worth $354,458,000 after purchasing an additional 360,678 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.1% in the first quarter. Ameriprise Financial Inc. now owns 1,019,563 shares of the exchange traded fund’s stock worth $98,591,000 after buying an additional 31,039 shares during the period. Toews Corp ADV purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $51,699,000. Counterpoint Mutual Funds LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $45,947,000. Finally, BLB&B Advisors LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 10.5% during the first quarter. BLB&B Advisors LLC now owns 410,043 shares of the exchange traded fund’s stock valued at $39,077,000 after acquiring an additional 39,035 shares during the period. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $97.45 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of 19.96 and a beta of 0.45. The company has a 50 day moving average price of $97.42 and a 200 day moving average price of $96.18.

SPDR Bloomberg High Yield Bond ETF 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.