Beacon Capital Management Inc. Sells 129 Shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

Beacon Capital Management Inc. trimmed its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 841 shares of the exchange traded fund’s stock after selling 129 shares during the period. SPDR Bloomberg Barclays High Yield Bond ETF accounts for 0.0% of Beacon Capital Management Inc.’s portfolio, making the stock its 25th largest position. Beacon Capital Management Inc.’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $91,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Centaurus Financial Inc. increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 53.0% during the 1st quarter. Centaurus Financial Inc. now owns 1,317 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 456 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 77.7% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 366 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 160 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the 2nd quarter valued at about $44,000. Pittenger & Anderson Inc. acquired a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the 2nd quarter valued at about $49,000. Finally, Doyle Wealth Management acquired a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the 2nd quarter valued at about $56,000.

Shares of NYSEARCA:JNK opened at $108.56 on Wednesday. The business’s 50-day moving average is $108.48 and its 200 day moving average is $96.96. SPDR Bloomberg Barclays High Yield Bond ETF has a 1 year low of $98.76 and a 1 year high of $109.62.

SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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