Landmark Wealth Management Inc. Has $6.19 Million Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Landmark Wealth Management Inc. boosted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 192.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,797 shares of the exchange traded fund’s stock after buying an additional 42,623 shares during the period. SPDR Bloomberg High Yield Bond ETF makes up about 3.0% of Landmark Wealth Management Inc.’s investment portfolio, making the stock its 11th biggest position. Landmark Wealth Management Inc. owned approximately 0.08% of SPDR Bloomberg High Yield Bond ETF worth $6,186,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Assetmark Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock valued at $434,798,000 after buying an additional 174,815 shares during the period. JPMorgan Chase & Co. lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 134.4% in the third quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock valued at $222,177,000 after buying an additional 8,872,450 shares during the period. World Investment Advisors LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 90,838.6% in the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after buying an additional 1,963,931 shares during the period. Thrivent Financial for Lutherans lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 13.7% in the third quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock valued at $134,617,000 after buying an additional 165,682 shares during the period. Finally, Pacific Asset Management LLC lifted its holdings in SPDR Bloomberg High Yield Bond ETF by 27.7% in the third quarter. Pacific Asset Management LLC now owns 879,954 shares of the exchange traded fund’s stock valued at $86,051,000 after buying an additional 190,796 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of NYSEARCA JNK opened at $96.52 on Friday. The company’s 50 day simple moving average is $96.24 and its 200 day simple moving average is $96.39. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $92.47 and a fifty-two week high of $97.90.

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.