Tucker Asset Management LLC Purchases 7,928 Shares of SPDR Bloomberg High Yield Bond ETF $JNK

Tucker Asset Management LLC lifted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1,398.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,495 shares of the exchange traded fund’s stock after buying an additional 7,928 shares during the quarter. Tucker Asset Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of JNK. Legacy Wealth Managment LLC ID acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 4th quarter valued at $26,000. Brown Lisle Cummings Inc. bought a new position in SPDR Bloomberg High Yield Bond ETF in the 1st quarter worth $27,000. Ascentis Independent Advisors acquired a new position in SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth $29,000. NFSG Corp lifted its position in SPDR Bloomberg High Yield Bond ETF by 78.3% during the 1st quarter. NFSG Corp now owns 321 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 141 shares during the last quarter. Finally, Evolution Wealth Management Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 104.8% during the fourth quarter. Evolution Wealth Management Inc. now owns 342 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 175 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK stock opened at $95.27 on Monday. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 19.96 and a beta of 0.41. The company has a 50-day moving average of $95.82 and a two-hundred day moving average of $96.12. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $94.49 and a 52-week high of $98.24.

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.