SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,536,828 shares of the exchange traded fund’s stock after selling 159,126 shares during the period. Bank of New York Mellon Corp owned 1.71% of SPDR Bloomberg High Yield Bond ETF worth $144,877,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 223.6% in the 1st quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after purchasing an additional 1,758,741 shares during the last quarter. Arch Capital Group LTD. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the first quarter worth approximately $100,794,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in SPDR Bloomberg High Yield Bond ETF by 25.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after acquiring an additional 550,840 shares during the last quarter. Quotient Wealth Partners LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth $48,448,000. Finally, Dynasty Wealth Management LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the first quarter valued at $46,519,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA:JNK opened at $96.69 on Tuesday. The stock’s 50-day moving average price is $95.13 and its two-hundred day moving average price is $94.54. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $96.96.

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.