Lockerman Financial Group Inc. Takes $232,000 Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Lockerman Financial Group Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,441 shares of the exchange traded fund’s stock, valued at approximately $232,000.

Several other large investors have also made changes to their positions in JNK. Wetzel Investment Advisors Inc. bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at approximately $28,000. Transcendent Capital Group LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at approximately $41,000. Beaird Harris Wealth Management LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at approximately $47,000. Hexagon Capital Partners LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 102.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 511 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 258 shares during the last quarter. Finally, WealthShield Partners LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 4th quarter valued at approximately $55,000. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.2 %

Shares of NYSEARCA JNK traded up $0.15 during midday trading on Friday, reaching $94.66. 762,494 shares of the stock traded hands, compared to its average volume of 4,964,546. SPDR Bloomberg High Yield Bond ETF has a one year low of $87.79 and a one year high of $95.59. The company’s 50 day moving average is $94.15 and its 200 day moving average is $94.34.

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.