Sowell Financial Services LLC Invests $2.68 Million in SPDR Bloomberg Barclays High Yield Bond ETF (JNK)

Sowell Financial Services LLC purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 79,777 shares of the exchange traded fund’s stock, valued at approximately $2,680,000.

Other large investors also recently bought and sold shares of the company. Actinver Wealth Management Inc. purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF in the 4th quarter valued at approximately $441,000. Pinnacle Wealth Planning Services Inc. grew its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 228.0% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 33,063 shares of the exchange traded fund’s stock valued at $1,111,000 after buying an additional 22,983 shares in the last quarter. FMR LLC grew its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 105.6% in the 4th quarter. FMR LLC now owns 30,859 shares of the exchange traded fund’s stock valued at $1,037,000 after buying an additional 15,847 shares in the last quarter. Aspire Private Capital LLC purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF in the 4th quarter valued at approximately $3,991,000. Finally, Global Retirement Partners LLC grew its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 6.7% in the 4th quarter. Global Retirement Partners LLC now owns 20,029 shares of the exchange traded fund’s stock valued at $673,000 after buying an additional 1,256 shares in the last quarter.

SPDR Bloomberg Barclays High Yield Bond ETF stock traded up $0.03 during mid-day trading on Friday, reaching $36.14. The company’s stock had a trading volume of 8,816,117 shares, compared to its average volume of 15,253,068. SPDR Bloomberg Barclays High Yield Bond ETF has a 12-month low of $32.92 and a 12-month high of $36.23.

SPDR Bloomberg Barclays High Yield Bond ETF shares are 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. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.02 dividend on an annualized basis and a dividend yield of 5.60%.

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SPDR Bloomberg Barclays High Yield Bond ETF Company 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.

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

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