SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC lowered its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 45.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,929 shares of the exchange traded fund’s stock after selling 9,142 shares during the quarter. Simplicity Wealth LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,063,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JNK. North Capital Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 1st quarter valued at approximately $30,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at approximately $32,000. Truvestments Capital LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 73.9% in the first quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 212 shares during the last quarter. Hoey Investments Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the first quarter worth approximately $54,000. Finally, Beacon Capital Management LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the second quarter worth approximately $56,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.0%

NYSEARCA:JNK opened at $97.49 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24. The stock’s fifty day moving average is $97.35 and its two-hundred day moving average is $96.04. The company has a market capitalization of $8.26 billion, a P/E ratio of 19.96 and a beta of 0.45.

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.