Truist Financial Corp Has $6.60 Million Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Truist Financial Corp trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,698 shares of the exchange traded fund’s stock after selling 1,231 shares during the period. Truist Financial Corp owned about 0.07% of SPDR Bloomberg High Yield Bond ETF worth $6,602,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anfield Capital Management LLC boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.9% in the fourth quarter. Anfield Capital Management LLC now owns 24,392 shares of the exchange traded fund’s stock valued at $2,311,000 after buying an additional 460 shares during the period. Florin Court Capital LLP increased its holdings in SPDR Bloomberg High Yield Bond ETF by 24.1% during the 4th quarter. Florin Court Capital LLP now owns 10,800 shares of the exchange traded fund’s stock worth $1,023,000 after purchasing an additional 2,100 shares in the last quarter. NewSquare Capital LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 82.2% in the fourth quarter. NewSquare Capital LLC now owns 174,955 shares of the exchange traded fund’s stock valued at $16,450,000 after purchasing an additional 78,942 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 22.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,124 shares of the exchange traded fund’s stock valued at $106,000 after purchasing an additional 208 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3,101.1% during the fourth quarter. Larson Financial Group LLC now owns 42,158 shares of the exchange traded fund’s stock worth $3,994,000 after buying an additional 40,841 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA JNK opened at $94.27 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $87.79 and a 52 week high of $95.59. The stock’s 50 day moving average price is $94.18 and its two-hundred day moving average price is $93.42.

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.