SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Surience Private Wealth LLC

Surience Private Wealth LLC reduced its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 82.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,854 shares of the exchange traded fund’s stock after selling 18,693 shares during the period. Surience Private Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $369,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in JNK. State Street Corp increased its position in SPDR Bloomberg High Yield Bond ETF by 14.2% during the 3rd quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock worth $1,240,828,000 after purchasing an additional 1,577,119 shares during the period. Assetmark Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.7% during the 4th quarter. Assetmark Inc. now owns 5,683,486 shares of the exchange traded fund’s stock worth $552,492,000 after buying an additional 203,301 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,445,353 shares of the exchange traded fund’s stock valued at $529,343,000 after buying an additional 223,339 shares during the period. Clark Capital Management Group Inc. lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.8% in the 3rd quarter. Clark Capital Management Group Inc. now owns 3,484,384 shares of the exchange traded fund’s stock valued at $341,435,000 after buying an additional 61,514 shares during the period. Finally, American Family Investments Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $202,974,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $96.19 on Thursday. The business’s fifty day moving average price is $96.36 and its 200 day moving average price is $96.70. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $94.49 and a 1-year high of $98.24. The firm has a market capitalization of $7.28 billion, a PE ratio of 19.96 and a beta of 0.41.

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.