SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Financial Counselors Inc.

Financial Counselors Inc. lessened its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 33.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,475 shares of the exchange traded fund’s stock after selling 1,710 shares during the quarter. Financial Counselors Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $340,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of JNK. BNP Paribas Financial Markets raised its stake in SPDR Bloomberg High Yield Bond ETF by 401.4% during the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after buying an additional 621,906 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.7% during the 3rd quarter. D.A. Davidson & CO. now owns 35,600 shares of the exchange traded fund’s stock valued at $3,481,000 after acquiring an additional 923 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in SPDR Bloomberg High Yield Bond ETF by 7.4% during the third quarter. The Manufacturers Life Insurance Company now owns 349,774 shares of the exchange traded fund’s stock worth $34,204,000 after purchasing an additional 24,086 shares during the last quarter. Bank of Montreal Can boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 9.0% in the third quarter. Bank of Montreal Can now owns 54,119 shares of the exchange traded fund’s stock worth $5,292,000 after purchasing an additional 4,449 shares during the period. Finally, Private Trust Co. NA increased its stake in SPDR Bloomberg High Yield Bond ETF by 30.1% during the third quarter. Private Trust Co. NA now owns 5,076 shares of the exchange traded fund’s stock valued at $496,000 after purchasing an additional 1,173 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $97.36 on Friday. The company’s fifty day moving average is $96.81 and its two-hundred day moving average is $95.78. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $91.96 and a 1-year high of $97.90.

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.