Sound Income Strategies LLC Decreases Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Sound Income Strategies LLC trimmed its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 24.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,558 shares of the exchange traded fund’s stock after selling 19,820 shares during the quarter. Sound Income Strategies LLC owned approximately 0.07% of SPDR Bloomberg High Yield Bond ETF worth $6,020,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 223.6% during the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock worth $242,307,000 after buying an additional 1,758,741 shares during the last quarter. Arch Capital Group LTD. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the first quarter worth $100,794,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in SPDR Bloomberg High Yield Bond ETF by 25.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after purchasing an additional 550,840 shares during the last quarter. Dynasty Wealth Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the first quarter valued at $46,519,000. Finally, Toews Corp ADV lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 65.9% in the second quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock worth $104,828,000 after buying an additional 441,900 shares during the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of SPDR Bloomberg High Yield Bond ETF stock traded up $0.22 during trading on Friday, reaching $96.79. The company’s stock had a trading volume of 3,369,522 shares, compared to its average volume of 4,379,479. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $97.90. The business’s fifty day moving average price is $96.57 and its 200-day moving average price is $95.11.

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.