Ascent Group LLC Sells 5,679 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Ascent Group LLC decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 32.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,626 shares of the exchange traded fund’s stock after selling 5,679 shares during the quarter. Ascent Group LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,130,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of JNK. Caitlin John LLC purchased a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $29,000. Brown Brothers Harriman & Co. purchased a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $35,000. Olistico Wealth LLC purchased a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter worth about $36,000. First Community Trust NA bought a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $39,000. Finally, Pacifica Partners Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 310.0% during the fourth quarter. Pacifica Partners Inc. now owns 410 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 310 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $95.91 on Tuesday. The company has a market cap of $6.99 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $90.40 and a 1 year high of $98.24. The stock’s 50 day simple moving average is $96.57 and its two-hundred day simple moving average is $97.05.

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.