SPDR Bloomberg High Yield Bond ETF $JNK Stock Holdings Lowered by Lockerman Financial Group Inc.

Lockerman Financial Group Inc. cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 77.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,624 shares of the exchange traded fund’s stock after selling 12,292 shares during the quarter. Lockerman Financial Group Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $336,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. State Street Corp lifted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 23.5% during the second quarter. State Street Corp now owns 13,671,856 shares of the exchange traded fund’s stock valued at $1,317,557,000 after purchasing an additional 2,597,336 shares in the last quarter. Assetmark Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 3.4% in the 1st quarter. Assetmark Inc. now owns 5,875,122 shares of the exchange traded fund’s stock worth $562,367,000 after buying an additional 191,636 shares in the last quarter. Envestnet Asset Management Inc. raised its position in SPDR Bloomberg High Yield Bond ETF by 23.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,246,389 shares of the exchange traded fund’s stock worth $216,485,000 after buying an additional 424,952 shares during the last quarter. Bank of America Corp DE raised its position in SPDR Bloomberg High Yield Bond ETF by 13.0% in the 1st quarter. Bank of America Corp DE now owns 845,991 shares of the exchange traded fund’s stock worth $80,978,000 after buying an additional 97,474 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in SPDR Bloomberg High Yield Bond ETF by 189.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 593,914 shares of the exchange traded fund’s stock worth $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 midday trading on Monday, hitting $92.26. 2,056,237 shares of the company traded hands, compared to its average volume of 4,084,477. The firm has a market capitalization of $5.69 billion, a PE ratio of 19.96 and a beta of 0.42. The company’s 50-day moving average is $94.48 and its 200 day moving average is $95.56. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $91.71 and a 52 week high of $98.08.

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.