Oppenheimer & Co. Inc. Reduces Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Oppenheimer & Co. Inc. trimmed its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,444 shares of the exchange traded fund’s stock after selling 227 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 83.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 65,488 shares of the exchange traded fund’s stock valued at $6,174,000 after acquiring an additional 29,844 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,512 shares of the exchange traded fund’s stock valued at $1,615,000 after purchasing an additional 567 shares during the period. &PARTNERS purchased a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $491,000. Aletheian Wealth Advisors LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 6.2% during the 3rd quarter. Aletheian Wealth Advisors LLC now owns 10,377 shares of the exchange traded fund’s stock worth $1,015,000 after buying an additional 604 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 15.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 304,434 shares of the exchange traded fund’s stock valued at $28,699,000 after buying an additional 40,997 shares during the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK stock opened at $96.68 on Wednesday. The business has a 50 day simple moving average of $96.85 and a 200-day simple moving average of $95.65. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $91.43 and a twelve month high of $97.90.

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.