Quotient Wealth Partners LLC Has $416,000 Stock Holdings in SPDR Bloomberg High Yield Bond ETF $JNK

Quotient Wealth Partners LLC trimmed its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) by 93.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,282 shares of the exchange traded fund’s stock after selling 60,499 shares during the period. Quotient Wealth Partners LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $416,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of JNK. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 15.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 525,455 shares of the exchange traded fund’s stock worth $51,489,000 after purchasing an additional 71,153 shares during the last quarter. Chandler Asset Management Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 35.8% in the third quarter. Chandler Asset Management Inc. now owns 260,196 shares of the exchange traded fund’s stock valued at $25,497,000 after acquiring an additional 68,660 shares during the last quarter. Citigroup Inc. lifted its stake in SPDR Bloomberg High Yield Bond ETF by 16.3% in the third quarter. Citigroup Inc. now owns 65,887 shares of the exchange traded fund’s stock valued at $6,456,000 after acquiring an additional 9,222 shares during the last quarter. Forefront Wealth Partners LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at $1,261,000. Finally, Exchange Traded Concepts LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 5.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 186,467 shares of the exchange traded fund’s stock valued at $18,126,000 after acquiring an additional 10,100 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of JNK stock opened at $96.24 on Friday. The stock has a market cap of $6.84 billion, a P/E ratio of 19.96 and a beta of 0.43. The company has a fifty day moving average price of $96.45 and a two-hundred day moving average price of $97.01. SPDR Bloomberg High Yield Bond ETF has a one year low of $91.55 and a one year high of $98.24.

SPDR Bloomberg High Yield Bond ETF Profile

(Free Report)

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.

Further Reading

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