Pinnacle Financial Partners Inc Has $201,000 Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Pinnacle Financial Partners Inc lowered its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 11.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 2,060 shares of the exchange traded fund’s stock after selling 259 shares during the period. Pinnacle Financial Partners Inc’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $201,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 4.4% during the third quarter. Empower Advisory Group LLC now owns 3,846 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 162 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 16.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 3,064 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 423 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 258.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 126,799 shares of the exchange traded fund’s stock worth $12,400,000 after purchasing an additional 91,400 shares during the last quarter. Apollon Financial LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 5.2% during the third quarter. Apollon Financial LLC now owns 6,732 shares of the exchange traded fund’s stock worth $658,000 after purchasing an additional 334 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 2.2% during the third quarter. Nations Financial Group Inc. IA ADV now owns 11,370 shares of the exchange traded fund’s stock worth $1,112,000 after purchasing an additional 247 shares during the last quarter. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

Shares of JNK stock 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 two-hundred day simple moving average is $95.59.

SPDR Bloomberg High Yield Bond ETF Company 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.