Lockerman Financial Group Inc. Makes New $322,000 Investment 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) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,370 shares of the exchange traded fund’s stock, valued at approximately $322,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its position in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after buying an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC grew its holdings in 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. BNP Paribas Financial Markets increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% during the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock worth $75,967,000 after purchasing an additional 621,906 shares in the last quarter. Aristotle Pacific Capital LLC boosted its position in shares of SPDR Bloomberg High Yield Bond ETF by 26.5% in the 3rd quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after purchasing an additional 184,263 shares in the last quarter. Finally, Sei Investments Co. grew its stake in SPDR Bloomberg High Yield Bond ETF by 562.5% during the 2nd quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock worth $19,985,000 after buying an additional 180,000 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $96.45 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90. The business has a 50-day simple moving average of $96.25 and a two-hundred day simple moving average of $96.26.

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.