SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Regal Investment Advisors LLC

Regal Investment Advisors LLC trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 37,577 shares of the exchange traded fund’s stock after selling 1,182 shares during the period. Regal Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,587,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in JNK. Assetmark Inc. boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 11.6% in the fourth quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock worth $473,877,000 after acquiring an additional 517,382 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.7% during the 4th quarter. Wells Fargo & Company MN now owns 4,449,296 shares of the exchange traded fund’s stock valued at $424,774,000 after buying an additional 278,292 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 0.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,362,977 shares of the exchange traded fund’s stock worth $322,833,000 after buying an additional 15,380 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,133,763 shares of the exchange traded fund’s stock worth $299,180,000 after buying an additional 115,211 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of 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 worth $222,177,000 after buying an additional 8,872,450 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.6 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $92.93 on Tuesday. The business’s fifty day moving average price is $95.37 and its 200 day moving average price is $96.08. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.41 and a twelve month high of $97.90. The stock has a market capitalization of $6.21 billion, a P/E ratio of 19.36 and a beta of 0.43.

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.