LPL Financial LLC Sells 136,903 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

LPL Financial LLC lessened its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,365,413 shares of the exchange traded fund’s stock after selling 136,903 shares during the period. LPL Financial LLC owned approximately 1.68% of SPDR Bloomberg High Yield Bond ETF worth $132,732,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the company. State Street Corp increased its stake in SPDR Bloomberg High Yield Bond ETF by 14.2% in the third quarter. State Street Corp now owns 12,662,802 shares of the exchange traded fund’s stock valued at $1,240,828,000 after purchasing an additional 1,577,119 shares in the last quarter. Assetmark Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 3.7% in the fourth quarter. Assetmark Inc. now owns 5,683,486 shares of the exchange traded fund’s stock valued at $552,492,000 after purchasing an additional 203,301 shares in the last quarter. Clark Capital Management Group Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 1.8% in the third quarter. Clark Capital Management Group Inc. now owns 3,484,384 shares of the exchange traded fund’s stock valued at $341,435,000 after purchasing an additional 61,514 shares in the last quarter. American Family Investments Inc. bought a new stake in SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at approximately $202,974,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in SPDR Bloomberg High Yield Bond ETF by 4.8% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,065,815 shares of the exchange traded fund’s stock valued at $201,131,000 after purchasing an additional 94,200 shares in the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA:JNK opened at $95.73 on Thursday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $94.49 and a 52 week high of $98.24. The company has a market capitalization of $7.24 billion, a PE ratio of 19.96 and a beta of 0.41. The company has a 50 day moving average price of $96.31 and a two-hundred day moving average price of $96.77.

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.