Bleakley Financial Group LLC Reduces Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Bleakley Financial Group LLC lowered its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,476 shares of the exchange traded fund’s stock after selling 162 shares during the quarter. Bleakley Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $235,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of JNK. Moneta Group Investment Advisors LLC boosted its stake in SPDR Bloomberg High Yield Bond ETF by 99,822.7% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 3,287,456 shares of the exchange traded fund’s stock worth $295,871,000 after buying an additional 3,284,166 shares during the period. State Street Corp boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 16.3% in the first quarter. State Street Corp now owns 8,695,731 shares of the exchange traded fund’s stock valued at $807,138,000 after purchasing an additional 1,216,011 shares during the period. Schroder Investment Management Group boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 4,254.2% in the third quarter. Schroder Investment Management Group now owns 979,690 shares of the exchange traded fund’s stock valued at $88,564,000 after purchasing an additional 957,190 shares during the period. Toews Corp ADV purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $69,939,000. Finally, Renaissance Technologies LLC boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2,388.1% in the first quarter. Renaissance Technologies LLC now owns 689,200 shares of the exchange traded fund’s stock valued at $63,972,000 after purchasing an additional 661,500 shares during the period. 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 $92.88 on Tuesday. The firm has a 50 day simple moving average of $94.44 and a 200-day simple moving average of $93.03. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $95.59.

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.