Wealth Enhancement Advisory Services LLC Sells 147 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,347 shares of the exchange traded fund’s stock after selling 147 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $892,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clark Capital Management Group Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.5% in the 4th quarter. Clark Capital Management Group Inc. now owns 5,483,446 shares of the exchange traded fund’s stock worth $523,505,000 after acquiring an additional 28,881 shares in the last quarter. Assetmark Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 11.6% in the 4th 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 in the last quarter. Wells Fargo & Company MN grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.7% in the 4th quarter. Wells Fargo & Company MN now owns 4,449,296 shares of the exchange traded fund’s stock worth $424,774,000 after acquiring an additional 278,292 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.5% in 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 acquiring an additional 15,380 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 3.8% in 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 acquiring an additional 115,211 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK opened at $95.72 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.41 and a 1 year high of $97.90. The firm has a market cap of $7.03 billion, a price-to-earnings ratio of 19.81 and a beta of 0.43. The company has a fifty day moving average price of $94.46 and a 200-day moving average price of $95.59.

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.