Pure Financial Advisors LLC Cuts Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Pure Financial Advisors LLC lowered its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,424 shares of the exchange traded fund’s stock after selling 223 shares during the quarter. Pure Financial Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of JNK. Fairfield Bush & CO. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the first quarter valued at approximately $41,000. Baird Financial Group Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 46.2% during the first quarter. Baird Financial Group Inc. now owns 10,011 shares of the exchange traded fund’s stock valued at $1,026,000 after purchasing an additional 3,163 shares during the period. Loomis Sayles & Co. L P boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 116.1% during the first quarter. Loomis Sayles & Co. L P now owns 2,323 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 1,248 shares during the period. Prudential Financial Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.0% during the first quarter. Prudential Financial Inc. now owns 10,427 shares of the exchange traded fund’s stock valued at $1,068,000 after purchasing an additional 209 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 15.7% during the first quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 2,656 shares of the exchange traded fund’s stock valued at $272,000 after acquiring an additional 360 shares in the last quarter.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $91.58 on Friday. The business has a 50 day moving average of $91.82 and a 200 day moving average of $91.47. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $86.28 and a 52 week high of $94.83.

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.