SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Inscription Capital LLC

Inscription Capital LLC trimmed its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 8.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,615 shares of the exchange traded fund’s stock after selling 640 shares during the quarter. Inscription Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $647,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Redmont Wealth Advisors LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $29,000. Olistico Wealth LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at approximately $35,000. Blue Trust Inc. grew its stake in SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 285 shares during the last quarter. Finally, 1620 Investment Advisors Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the second quarter worth $48,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK traded up $0.32 during midday trading on Monday, hitting $96.68. 563,162 shares of the stock traded hands, compared to its average volume of 4,300,355. The business’s 50 day moving average price is $96.87 and its two-hundred day moving average price is $95.28. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $88.53 and a 1-year high of $97.90.

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.