SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp cut its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,500 shares of the exchange traded fund’s stock after selling 2,400 shares during the period. Mackenzie Financial Corp owned 0.11% of SPDR Bloomberg High Yield Bond ETF worth $7,195,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. HB Wealth Management LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 1st quarter worth $236,000. Pacer Advisors Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 239.8% during the first quarter. Pacer Advisors Inc. now owns 22,196 shares of the exchange traded fund’s stock worth $2,115,000 after buying an additional 15,663 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.8% during the first quarter. Cetera Investment Advisers now owns 311,120 shares of the exchange traded fund’s stock worth $29,650,000 after buying an additional 14,176 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 24.1% during the first quarter. Avantax Advisory Services Inc. now owns 9,621 shares of the exchange traded fund’s stock worth $917,000 after buying an additional 1,868 shares in the last quarter. Finally, Financial & Tax Architects LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.7% during the first quarter. Financial & Tax Architects LLC now owns 51,043 shares of the exchange traded fund’s stock worth $4,864,000 after buying an additional 848 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.0%

SPDR Bloomberg High Yield Bond ETF stock opened at $96.89 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.40 and a 52-week high of $97.90. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 19.96 and a beta of 0.45. The company has a fifty day simple moving average of $96.33 and a 200-day simple moving average of $95.70.

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.