Investments & Financial Planning LLC Cuts Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Investments & Financial Planning LLC lessened its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 8.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,547 shares of the exchange traded fund’s stock after selling 225 shares during the period. Investments & Financial Planning LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $243,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Financial Advocates Investment Management lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 27.3% during the 4th quarter. Financial Advocates Investment Management now owns 2,678 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 574 shares during the last quarter. Centennial Wealth Advisory LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 36.2% during the fourth quarter. Centennial Wealth Advisory LLC now owns 2,842 shares of the exchange traded fund’s stock valued at $271,000 after buying an additional 755 shares during the last quarter. Chandler Asset Management Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 2.1% in the 4th quarter. Chandler Asset Management Inc. now owns 190,706 shares of the exchange traded fund’s stock valued at $18,207,000 after buying an additional 3,970 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 839.6% in the 4th quarter. Stratos Wealth Partners LTD. now owns 66,591 shares of the exchange traded fund’s stock valued at $6,357,000 after buying an additional 59,504 shares in the last quarter. Finally, Calamos Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $1,238,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA:JNK opened at $96.52 on Friday. The firm has a 50 day moving average of $96.24 and a 200 day moving average of $96.39. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90.

About SPDR Bloomberg High Yield Bond ETF

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.