SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lessened its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 317,286 shares of the exchange traded fund’s stock after selling 10,091 shares during the period. Cetera Investment Advisers owned about 0.42% of SPDR Bloomberg High Yield Bond ETF worth $30,371,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Advisory Alpha LLC lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 1.5% during the 4th quarter. Advisory Alpha LLC now owns 6,920 shares of the exchange traded fund’s stock worth $673,000 after acquiring an additional 105 shares during the period. Sharper & Granite LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 1.7% in the fourth quarter. Sharper & Granite LLC now owns 6,353 shares of the exchange traded fund’s stock valued at $618,000 after purchasing an additional 107 shares during the period. Banque Cantonale Vaudoise increased its position in SPDR Bloomberg High Yield Bond ETF by 13.3% during the first quarter. Banque Cantonale Vaudoise now owns 920 shares of the exchange traded fund’s stock worth $88,000 after purchasing an additional 108 shares during the last quarter. Parallel Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 4.7% during the third quarter. Parallel Advisors LLC now owns 2,656 shares of the exchange traded fund’s stock worth $260,000 after purchasing an additional 120 shares during the period. Finally, Clearstead Advisors LLC raised its stake in SPDR Bloomberg High Yield Bond ETF by 8.9% during the fourth quarter. Clearstead Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 122 shares during the period. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $95.39 on Monday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $94.49 and a twelve month high of $98.24. The firm has a market capitalization of $7.12 billion, a P/E ratio of 19.96 and a beta of 0.41. The stock’s fifty day simple moving average is $96.09 and its 200 day simple moving average is $96.52.

About SPDR Bloomberg High Yield Bond ETF

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.