Gerber Kawasaki Wealth & Investment Management Invests $201,000 in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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Gerber Kawasaki Wealth & Investment Management bought a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,989 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Several other institutional investors have also recently bought and sold shares of the company. Ellevest Inc. grew its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 15.2% in the second quarter. Ellevest Inc. now owns 27,344 shares of the exchange traded fund’s stock worth $2,766,000 after purchasing an additional 3,611 shares during the period. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter worth $3,113,000. Whittier Trust Co. grew its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 15.5% in the second quarter. Whittier Trust Co. now owns 35,811 shares of the exchange traded fund’s stock worth $3,623,000 after acquiring an additional 4,794 shares during the last quarter. Verus Capital Partners LLC grew its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 232.7% in the first quarter. Verus Capital Partners LLC now owns 346 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 242 shares during the last quarter. Finally, Arden Trust Co grew its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 1,019.8% in the second quarter. Arden Trust Co now owns 140,184 shares of the exchange traded fund’s stock worth $14,181,000 after acquiring an additional 127,665 shares during the last quarter.

Shares of NYSEARCA JNK traded up $0.25 during trading on Thursday, reaching $104.97. The company had a trading volume of 326,945 shares, compared to its average volume of 8,877,988. SPDR Bloomberg Barclays High Yield Bond ETF has a 12-month low of $83.18 and a 12-month high of $110.33. The business’s 50-day moving average is $104.04 and its 200 day moving average is $101.81.

About SPDR Bloomberg Barclays 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.

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Institutional Ownership by Quarter for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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