Lockerman Financial Group Inc. Cuts Position in SPDR Bloomberg High Yield Bond ETF $JNK

Lockerman Financial Group Inc. lessened its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 63.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,026 shares of the exchange traded fund’s stock after selling 5,359 shares during the quarter. Lockerman Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $294,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Caitlin John LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth about $29,000. Brown Brothers Harriman & Co. purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at about $35,000. Olistico Wealth LLC bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 4th quarter worth approximately $36,000. First Community Trust NA bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth approximately $39,000. Finally, Pacifica Partners Inc. boosted its stake in SPDR Bloomberg High Yield Bond ETF by 310.0% in the fourth quarter. Pacifica Partners Inc. now owns 410 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 310 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of NYSEARCA JNK opened at $95.72 on Monday. The stock has a market capitalization of $6.98 billion, a P/E ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a one year low of $90.40 and a one year high of $98.24. The firm’s 50 day simple moving average is $96.61 and its two-hundred day simple moving average is $97.07.

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.