Empower Advisory Group LLC Decreases Stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Empower Advisory Group LLC lessened its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,730 shares of the exchange traded fund’s stock after selling 116 shares during the quarter. Empower Advisory Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $356,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Integrated Capital Management LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.6% during the 4th quarter. Integrated Capital Management LLC now owns 6,758 shares of the exchange traded fund’s stock worth $645,000 after acquiring an additional 105 shares in the last quarter. BlueSky Wealth Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.4% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 30,685 shares of the exchange traded fund’s stock worth $2,929,000 after acquiring an additional 129 shares in the last quarter. Stephenson & Company Inc. raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% during the 4th quarter. Stephenson & Company Inc. now owns 19,214 shares of the exchange traded fund’s stock worth $1,834,000 after acquiring an additional 137 shares in the last quarter. Catalyst Financial Partners LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.5% during the 3rd quarter. Catalyst Financial Partners LLC now owns 5,770 shares of the exchange traded fund’s stock worth $564,000 after acquiring an additional 139 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.2% during the 4th quarter. Pure Financial Advisors LLC now owns 12,919 shares of the exchange traded fund’s stock worth $1,233,000 after acquiring an additional 149 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $96.70 on Thursday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The stock’s 50-day simple moving average is $96.15 and its 200-day simple moving average is $96.46.

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.