Pinnacle Financial Partners Inc Sells 259 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Pinnacle Financial Partners Inc decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 11.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,060 shares of the exchange traded fund’s stock after selling 259 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $201,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Edgestream Partners L.P. lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 120.3% during the 1st quarter. Edgestream Partners L.P. now owns 27,173 shares of the exchange traded fund’s stock worth $2,587,000 after buying an additional 14,839 shares during the last quarter. PAX Financial Group LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 2.9% during the 1st quarter. PAX Financial Group LLC now owns 8,349 shares of the exchange traded fund’s stock worth $795,000 after buying an additional 235 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 171.0% during the 1st quarter. CreativeOne Wealth LLC now owns 16,678 shares of the exchange traded fund’s stock worth $1,588,000 after buying an additional 10,524 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth about $17,196,000. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth about $2,477,000. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

NYSEARCA:JNK opened at $96.36 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $91.12 and a 52 week high of $97.90. The firm’s 50-day simple moving average is $96.85 and its 200 day simple moving average is $95.59.

SPDR Bloomberg High Yield Bond ETF 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.