Lockerman Financial Group Inc. purchased a new position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,370 shares of the exchange traded fund’s stock, valued at approximately $322,000.
Other hedge funds also recently bought and sold shares of the company. Assetmark Inc. grew its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 4.1% during the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after buying an additional 174,815 shares during the last quarter. JPMorgan Chase & Co. boosted its stake 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 valued at $222,177,000 after purchasing an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after purchasing an additional 1,963,931 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 13.7% during the third quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock valued at $134,617,000 after purchasing an additional 165,682 shares in the last quarter. Finally, Aristotle Pacific Capital LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% during the third quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after buying an additional 184,263 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.
SPDR Bloomberg High Yield Bond ETF Stock Performance
JNK opened at $96.45 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.47 and a 52-week high of $97.90. The company’s 50-day simple moving average is $96.25 and its two-hundred day simple moving average is $96.26.
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.
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