SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC trimmed its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,368 shares of the exchange traded fund’s stock after selling 3,538 shares during the period. Larson Financial Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,334,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Redmont Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at about $25,000. Olistico Wealth LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at about $35,000. Transcendent Capital Group LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at about $41,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at $47,000. Finally, 1620 Investment Advisors Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter worth $48,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.3 %

Shares of NYSEARCA:JNK traded up $0.27 during midday trading on Wednesday, hitting $96.20. The company’s stock had a trading volume of 201,524 shares, compared to its average volume of 4,498,593. The stock’s 50 day simple moving average is $95.38 and its 200 day simple moving average is $94.64. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $87.79 and a fifty-two week high of $96.96.

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.