SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by IHT Wealth Management LLC

IHT Wealth Management LLC lowered its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 8.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 14,295 shares of the exchange traded fund’s stock after selling 1,324 shares during the quarter. IHT Wealth Management LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $480,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV increased its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 1.6% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 20,393 shares of the exchange traded fund’s stock valued at $685,000 after purchasing an additional 325 shares during the last quarter. G&S Capital LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 27.8% in the 4th quarter. G&S Capital LLC now owns 1,498 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 326 shares during the last quarter. Sound Income Strategies LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 37.5% in the 4th quarter. Sound Income Strategies LLC now owns 1,209 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 330 shares during the last quarter. Bruderman Asset Management LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 27.2% in the 4th quarter. Bruderman Asset Management LLC now owns 1,588 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 340 shares during the last quarter. Finally, Peninsula Wealth LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 1.5% in the 4th quarter. Peninsula Wealth LLC now owns 28,842 shares of the exchange traded fund’s stock valued at $969,000 after acquiring an additional 413 shares during the last quarter.

SPDR Bloomberg Barclays High Yield Bond ETF stock traded down $0.04 during mid-day trading on Monday, hitting $36.18. The company’s stock had a trading volume of 8,298,009 shares, compared to its average volume of 15,496,838. SPDR Bloomberg Barclays High Yield Bond ETF has a one year low of $32.92 and a one year high of $36.32.

SPDR Bloomberg Barclays High Yield Bond ETF’s stock is set to reverse split on Monday, May 6th. The 1-3 reverse split was announced on Wednesday, March 13th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 3rd.

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1687 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date was Monday, April 1st.

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SPDR Bloomberg Barclays 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.

Further Reading: SEC Filing

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

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