Lockerman Financial Group Inc. Buys Shares of 2,441 SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

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

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Wetzel Investment Advisors Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth about $28,000. Transcendent Capital Group LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth about $41,000. Beaird Harris Wealth Management LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth about $47,000. Hexagon Capital Partners LLC increased its holdings in 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 worth $48,000 after purchasing an additional 258 shares during the period. Finally, WealthShield Partners LLC purchased a new stake in SPDR Bloomberg High Yield Bond ETF during the 4th quarter worth about $55,000. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Price Performance

NYSEARCA JNK traded up $0.15 during trading hours on Friday, hitting $94.66. 762,494 shares of the company were exchanged, compared to its average volume of 4,964,546. The company has a 50 day moving average of $94.15 and a two-hundred day moving average of $94.34. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $87.79 and a 52-week high of $95.59.

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.