RWA Wealth Partners LLC Sells 488 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

RWA Wealth Partners LLC decreased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,400 shares of the exchange traded fund’s stock after selling 488 shares during the period. RWA Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $420,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Valley National Advisers Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth $29,000. Creative Financial Designs Inc. ADV grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 38.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 422 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 118 shares during the period. Realta Investment Advisors grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 89.7% in the 4th quarter. Realta Investment Advisors now owns 444 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 210 shares during the period. Boyd Watterson Asset Management LLC OH increased its position in SPDR Bloomberg High Yield Bond ETF by 3,658.5% in the 4th quarter. Boyd Watterson Asset Management LLC OH now owns 1,541 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 1,500 shares in the last quarter. Finally, Continuum Advisory LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 254.2% during the 3rd quarter. Continuum Advisory LLC now owns 1,679 shares of the exchange traded fund’s stock worth $162,000 after buying an additional 1,205 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $95.02 on Wednesday. The stock has a market capitalization of $7.86 billion, a PE ratio of 20.14 and a beta of 0.48. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The stock has a 50 day moving average price of $96.23 and a two-hundred day moving average price of $96.43.

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.