Perigon Wealth Management LLC Has $1.18 Million Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Perigon Wealth Management LLC cut its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,239 shares of the exchange traded fund’s stock after selling 471 shares during the quarter. Perigon Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,179,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JNK. World Investment Advisors LLC increased its stake in SPDR Bloomberg High Yield Bond ETF by 978.9% in the third quarter. World Investment Advisors LLC now owns 23,325 shares of the exchange traded fund’s stock valued at $2,281,000 after acquiring an additional 21,163 shares during the period. Principal Financial Group Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 5.8% in the 3rd quarter. Principal Financial Group Inc. now owns 15,612 shares of the exchange traded fund’s stock valued at $1,527,000 after purchasing an additional 859 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock worth $1,615,000 after buying an additional 567 shares during the period. Merit Financial Group LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 5.6% in the 4th quarter. Merit Financial Group LLC now owns 5,113 shares of the exchange traded fund’s stock valued at $488,000 after buying an additional 270 shares in the last quarter. Finally, Aletheian Wealth Advisors LLC grew its position in SPDR Bloomberg High Yield Bond ETF by 6.2% in the third quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock valued at $1,015,000 after acquiring an additional 604 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $96.98 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The business has a fifty day moving average of $96.29 and a two-hundred day moving average of $96.35.

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.