Global Trust Asset Management LLC Has $1.01 Million Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Global Trust Asset Management LLC lowered its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,278 shares of the exchange traded fund’s stock after selling 450 shares during the quarter. Global Trust Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,005,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Redmont Wealth Advisors LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $25,000. GHP Investment Advisors Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $29,000. Olistico Wealth LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $35,000. Blue Trust Inc. raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares in the last quarter. Finally, 1620 Investment Advisors Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth approximately $48,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.3 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $96.51 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $88.31 and a 12-month high of $97.90. The business’s 50 day moving average is $96.87 and its 200-day moving average is $95.25.

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.