SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 46.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 595,492 shares of the exchange traded fund’s stock after selling 514,508 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $58,233,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at $29,000. Creative Financial Designs Inc. ADV purchased a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $30,000. Olistico Wealth LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $35,000. Finally, Truvestments Capital LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $37,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.2 %

Shares of JNK opened at $97.36 on Friday. The stock has a 50-day simple moving average of $96.81 and a 200-day simple moving average of $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 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.