SPDR Bloomberg Barclays High Yield Bond ETF (JNK) Shares Sold by Independent Advisor Alliance

Independent Advisor Alliance lessened its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 18.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,770 shares of the exchange traded fund’s stock after selling 2,031 shares during the period. Independent Advisor Alliance’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $315,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JNK. Bluefin Trading LLC bought a new stake in SPDR Bloomberg Barclays High Yield Bond ETF in the 4th quarter worth approximately $99,788,000. Merit Financial Group LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 2,108.4% in the 4th quarter. Merit Financial Group LLC now owns 2,134,258 shares of the exchange traded fund’s stock worth $64,844,000 after purchasing an additional 2,037,614 shares during the period. Hsbc Holdings PLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 68.8% in the 4th quarter. Hsbc Holdings PLC now owns 4,443,208 shares of the exchange traded fund’s stock worth $149,247,000 after purchasing an additional 1,811,465 shares during the period. BlackRock Inc. grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 26.7% in the 4th quarter. BlackRock Inc. now owns 7,000,827 shares of the exchange traded fund’s stock worth $235,158,000 after purchasing an additional 1,477,414 shares during the period. Finally, Bank of America Corp DE grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 8.4% in the 4th quarter. Bank of America Corp DE now owns 18,046,152 shares of the exchange traded fund’s stock worth $606,170,000 after purchasing an additional 1,394,089 shares during the period.

NYSEARCA:JNK opened at $107.40 on Friday. SPDR Bloomberg Barclays High Yield Bond ETF has a 12 month low of $98.76 and a 12 month high of $108.87.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.1708 per share. This is an increase from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $2.05 dividend on an annualized basis and a dividend yield of 1.91%.

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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: Calculate Your Return on Investment (ROI)

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

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