Outlook Wealth Advisors LLC Sells 2,484 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

by · The Cerbat Gem

Outlook Wealth Advisors LLC reduced its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNKFree Report) by 42.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,368 shares of the exchange traded fund’s stock after selling 2,484 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JNK. Brookstone Capital Management grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 21.1% in the 1st quarter. Brookstone Capital Management now owns 7,871 shares of the exchange traded fund’s stock worth $749,000 after buying an additional 1,369 shares during the last quarter. Capital Asset Advisory Services LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $206,000. Founders Financial Securities LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 2.8% during the 1st quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 130 shares during the period. Fifth Third Securities Inc. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 83.6% in the 1st quarter. Fifth Third Securities Inc. now owns 20,502 shares of the exchange traded fund’s stock worth $1,952,000 after purchasing an additional 9,336 shares in the last quarter. Finally, Congress Wealth Management LLC DE lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 1.5% in the 1st quarter. Congress Wealth Management LLC DE now owns 38,501 shares of the exchange traded fund’s stock worth $3,665,000 after purchasing an additional 560 shares during the period. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

Shares of NYSEARCA JNK opened at $96.36 on Friday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $88.31 and a 1 year high of $97.90. The company’s 50-day moving average is $96.87 and its 200 day moving average is $95.27.

SPDR Bloomberg High Yield Bond ETF Profile

(Free Report)

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.

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