Whittier Trust Co. Sells 1,006 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Whittier Trust Co. lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,276 shares of the exchange traded fund’s stock after selling 1,006 shares during the quarter. Whittier Trust Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,194,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JNK. North Capital Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter valued at approximately $30,000. MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF during the first quarter valued at approximately $32,000. Truvestments Capital LLC raised its position in SPDR Bloomberg High Yield Bond ETF by 73.9% during 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 in the last quarter. Beacon Capital Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter valued at approximately $56,000. Finally, Realta Investment Advisors raised its position in SPDR Bloomberg High Yield Bond ETF by 38.5% during the first quarter. Realta Investment Advisors now owns 615 shares of the exchange traded fund’s stock valued at $59,000 after acquiring an additional 171 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $97.27 on Thursday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.40 and a twelve month high of $98.24. The firm’s 50 day moving average price is $97.43 and its 200 day moving average price is $96.20. The firm has a market cap of $8.22 billion, a PE ratio of 19.96 and a beta of 0.45.

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.