Global Trust Asset Management LLC Sells 220 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Global Trust Asset Management LLC trimmed its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,058 shares of the exchange traded fund’s stock after selling 220 shares during the quarter. Global Trust Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV bought a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $30,000. Truvestments Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $37,000. Blue Trust Inc. increased its position in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd 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 in the last quarter. Fortitude Family Office LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at about $50,000. Finally, Massmutual Trust Co. FSB ADV acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $61,000. 87.54% of the stock is owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.73 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The stock has a 50 day moving average price of $96.25 and a two-hundred day moving average price of $96.27.

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.