McElhenny Sheffield Capital Management LLC Sells 116 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

McElhenny Sheffield Capital Management LLC cut its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.1% during the 4th quarter, HoldingsChannel reports. The firm owned 3,651 shares of the exchange traded fund’s stock after selling 116 shares during the period. McElhenny Sheffield Capital Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $349,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Assetmark Inc. raised its position in SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after purchasing an additional 174,815 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after buying an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after acquiring an additional 1,963,931 shares during the last quarter. Thrivent Financial for Lutherans increased its position in SPDR Bloomberg High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock valued at $134,617,000 after acquiring an additional 165,682 shares during the period. Finally, Aristotle Pacific Capital LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% during the third quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after acquiring an additional 184,263 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:JNK opened at $96.45 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The firm’s fifty day moving average is $96.26 and its 200-day moving average is $96.23.

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.