Fort Pitt Capital Group LLC Trims Stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

Fort Pitt Capital Group LLC cut its holdings in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 19.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,063 shares of the exchange traded fund’s stock after selling 508 shares during the quarter. Fort Pitt Capital Group LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $226,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. First Trust Advisors LP increased its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 3.8% during the first quarter. First Trust Advisors LP now owns 141,697 shares of the exchange traded fund’s stock worth $5,097,000 after purchasing an additional 5,248 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 14.0% during the third quarter. Ausdal Financial Partners Inc. now owns 16,761 shares of the exchange traded fund’s stock worth $1,823,000 after buying an additional 2,062 shares during the last quarter. Stifel Financial Corp increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 11.2% during the third quarter. Stifel Financial Corp now owns 90,895 shares of the exchange traded fund’s stock worth $9,904,000 after buying an additional 9,137 shares during the last quarter. Bluefin Trading LLC acquired a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the third quarter worth $1,560,000. Finally, Regal Investment Advisors LLC increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 3.4% during the third quarter. Regal Investment Advisors LLC now owns 22,271 shares of the exchange traded fund’s stock worth $2,422,000 after buying an additional 732 shares during the last quarter.

SPDR Bloomberg Barclays High Yield Bond ETF stock traded up $2.85 during mid-day trading on Thursday, hitting $92.88. 279,982 shares of the company’s stock were exchanged, compared to its average volume of 9,735,396. SPDR Bloomberg Barclays High Yield Bond ETF has a 1-year low of $83.18 and a 1-year high of $110.33. The stock has a 50 day moving average of $103.44 and a two-hundred day moving average of $107.48.

SPDR Bloomberg Barclays 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.

See Also: Gross Domestic Product (GDP)

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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