Sage Advisory Services Ltd.Co. Sells 11,978 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Sage Advisory Services Ltd.Co. trimmed its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 43.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,372 shares of the exchange traded fund’s stock after selling 11,978 shares during the period. SPDR Bloomberg High Yield Bond ETF comprises approximately 0.4% of Sage Advisory Services Ltd.Co.’s investment portfolio, making the stock its 27th biggest position. Sage Advisory Services Ltd.Co.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,449,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Strategic Financial Concepts LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at about $4,087,000. Cullen Frost Bankers Inc. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 0.7% in the second quarter. Cullen Frost Bankers Inc. now owns 26,592 shares of the exchange traded fund’s stock worth $2,507,000 after acquiring an additional 173 shares during the period. Private Advisor Group LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 66.2% in the second quarter. Private Advisor Group LLC now owns 67,375 shares of the exchange traded fund’s stock valued at $6,351,000 after acquiring an additional 26,835 shares during the last quarter. Blue Barn Wealth LLC increased its position in SPDR Bloomberg High Yield Bond ETF by 4.6% during the 2nd quarter. Blue Barn Wealth LLC now owns 5,522 shares of the exchange traded fund’s stock valued at $521,000 after purchasing an additional 245 shares during the period. Finally, Aveo Capital Partners LLC raised its holdings in SPDR Bloomberg High Yield Bond ETF by 1.2% during the 2nd quarter. Aveo Capital Partners LLC now owns 15,243 shares of the exchange traded fund’s stock worth $1,437,000 after purchasing an additional 181 shares during the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA JNK opened at $96.49 on Monday. The company’s 50 day moving average price is $95.50 and its 200-day moving average price is $94.68. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $87.79 and a 52-week high of $96.96.

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.