SPDR Bloomberg Barclays High Yield Bond ETF (JNK) Position Cut by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 2.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 160,641 shares of the exchange traded fund’s stock after selling 4,304 shares during the period. Commonwealth Equity Services LLC owned approximately 0.06% of SPDR Bloomberg Barclays High Yield Bond ETF worth $5,700,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Asset Management Company LTD grew its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 3.6% during the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,455,167 shares of the exchange traded fund’s stock worth $51,629,000 after buying an additional 50,248 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 338,135 shares of the exchange traded fund’s stock worth $11,997,000 after purchasing an additional 21,558 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 389.0% during the second quarter. Parallel Advisors LLC now owns 6,739 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 5,361 shares in the last quarter. MD Financial Management Inc. lifted its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 25.2% during the second quarter. MD Financial Management Inc. now owns 2,723,615 shares of the exchange traded fund’s stock worth $96,634,000 after purchasing an additional 548,945 shares in the last quarter. Finally, Palouse Capital Management Inc. raised its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 2.8% in the second quarter. Palouse Capital Management Inc. now owns 122,184 shares of the exchange traded fund’s stock valued at $4,335,000 after acquiring an additional 3,365 shares in the last quarter.

JNK traded up $0.03 during trading on Friday, hitting $36.00. The company had a trading volume of 12,812,133 shares, compared to its average volume of 12,988,506. SPDR Bloomberg Barclays High Yield Bond ETF has a 1-year low of $35.26 and a 1-year high of $37.35.

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 7th. Shareholders of record on Thursday, August 2nd were paid a dividend of $0.1613 per share. The ex-dividend date was Wednesday, August 1st. This represents a $1.94 annualized dividend and a yield of 5.38%.

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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