McElhenny Sheffield Capital Management LLC Sells 116 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

McElhenny Sheffield Capital Management LLC cut its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,651 shares of the exchange traded fund’s stock after selling 116 shares during the period. McElhenny Sheffield Capital Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $349,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth about $30,000. Truvestments Capital LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $37,000. Blue Trust Inc. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 235.5% during the third quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 285 shares during the period. Fortitude Family Office LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $50,000. Finally, Massmutual Trust Co. FSB ADV bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth approximately $61,000. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

NYSEARCA:JNK opened at $96.45 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The firm’s 50-day simple moving average is $96.26 and its 200 day simple moving average is $96.23.

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.