12,292 SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Lockerman Financial Group Inc.

Lockerman Financial Group Inc. trimmed its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 77.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,624 shares of the exchange traded fund’s stock after selling 12,292 shares during the period. Lockerman Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $336,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. State Street Corp boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 23.5% in the second quarter. State Street Corp now owns 13,671,856 shares of the exchange traded fund’s stock worth $1,317,557,000 after buying an additional 2,597,336 shares during the last quarter. Assetmark Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 3.4% during the first quarter. Assetmark Inc. now owns 5,875,122 shares of the exchange traded fund’s stock valued at $562,367,000 after buying an additional 191,636 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 23.3% during the second quarter. Envestnet Asset Management Inc. now owns 2,246,389 shares of the exchange traded fund’s stock valued at $216,485,000 after buying an additional 424,952 shares during the last quarter. Bank of America Corp DE increased its holdings in SPDR Bloomberg High Yield Bond ETF by 13.0% during the first quarter. Bank of America Corp DE now owns 845,991 shares of the exchange traded fund’s stock valued at $80,978,000 after buying an additional 97,474 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 189.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 593,914 shares of the exchange traded fund’s stock valued at $57,236,000 after buying an additional 388,579 shares during the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.0%

JNK traded down $0.02 during trading on Monday, hitting $92.26. The company’s stock had a trading volume of 2,056,237 shares, compared to its average volume of 4,084,477. SPDR Bloomberg High Yield Bond ETF has a one year low of $91.71 and a one year high of $98.08. The firm has a market cap of $5.69 billion, a PE ratio of 19.96 and a beta of 0.42. The business’s 50 day simple moving average is $94.48 and its 200-day simple moving average is $95.56.

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.