Regal Investment Advisors LLC Decreases Stock Holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Regal Investment Advisors LLC decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,577 shares of the exchange traded fund’s stock after selling 1,182 shares during the quarter. Regal Investment Advisors LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $3,587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. raised its position in SPDR Bloomberg High Yield Bond ETF by 11.6% in the fourth quarter. Assetmark Inc. now owns 4,963,622 shares of the exchange traded fund’s stock valued at $473,877,000 after purchasing an additional 517,382 shares during the period. Wells Fargo & Company MN grew its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.7% in the fourth quarter. Wells Fargo & Company MN now owns 4,449,296 shares of the exchange traded fund’s stock valued at $424,774,000 after buying an additional 278,292 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 0.5% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,362,977 shares of the exchange traded fund’s stock valued at $322,833,000 after buying an additional 15,380 shares during the period. Envestnet Asset Management Inc. lifted its position in SPDR Bloomberg High Yield Bond ETF by 3.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,133,763 shares of the exchange traded fund’s stock worth $299,180,000 after acquiring an additional 115,211 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in SPDR Bloomberg High Yield Bond ETF by 134.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after acquiring an additional 8,872,450 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.6 %

Shares of NYSEARCA:JNK opened at $92.93 on Tuesday. The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 19.36 and a beta of 0.43. The company has a 50 day moving average of $95.37 and a two-hundred day moving average of $96.08. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.41 and a 52-week high of $97.90.

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.