SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Single Point Partners LLC

Single Point Partners LLC cut its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,393 shares of the exchange traded fund’s stock after selling 134 shares during the quarter. Single Point Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $515,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% during the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after buying an additional 1,963,931 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after acquiring an additional 621,906 shares during the period. Pacific Asset Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 27.7% in the third quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after acquiring an additional 190,796 shares in the last quarter. Finally, Strategic Investment Management LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $17,441,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $96.46 on Tuesday. The firm has a 50-day moving average price of $96.21 and a 200 day moving average price of $96.41. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90.

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.