SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 57.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,200 shares of the exchange traded fund’s stock after selling 72,599 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned approximately 0.07% of SPDR Bloomberg High Yield Bond ETF worth $5,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of JNK. Valley National Advisers Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $29,000. Creative Financial Designs Inc. ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $30,000. Truvestments Capital LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $37,000. Blue Trust Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 235.5% in the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 285 shares during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at about $50,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.4 %

NYSEARCA JNK opened at $96.56 on Friday. The firm’s 50-day moving average is $96.17 and its two-hundred day moving average is $96.42. SPDR Bloomberg High Yield Bond ETF has a 12 month low of $92.47 and a 12 month high of $97.90.

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.