Gladstone Institutional Advisory LLC Has $615,000 Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Gladstone Institutional Advisory LLC trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 31.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,439 shares of the exchange traded fund’s stock after selling 2,905 shares during the period. Gladstone Institutional Advisory LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 134.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares in the last quarter. World Investment Advisors LLC grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after buying an additional 1,963,931 shares in the last quarter. BNP Paribas Financial Markets raised its position in SPDR Bloomberg High Yield Bond ETF by 401.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after buying an additional 621,906 shares during the last quarter. Pacific Asset Management LLC boosted its position in SPDR Bloomberg High Yield Bond ETF by 27.7% during the 3rd quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after acquiring an additional 190,796 shares during the last quarter. Finally, Strategic Investment Management LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth approximately $17,441,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

NYSEARCA JNK opened at $96.68 on Friday. The firm’s 50 day moving average is $96.17 and its 200-day moving average is $96.43. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $92.47 and a 12-month high of $97.90.

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.