BNP Paribas Financial Markets Has $99.10 Million Position in SPDR Bloomberg High Yield Bond ETF $JNK

BNP Paribas Financial Markets decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 0.6% during the 3rd quarter, Holdings Channel reports. The firm owned 1,011,276 shares of the exchange traded fund’s stock after selling 6,594 shares during the quarter. BNP Paribas Financial Markets’ holdings in SPDR Bloomberg High Yield Bond ETF were worth $99,095,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Caitlin John LLC acquired a new position in SPDR Bloomberg High Yield Bond ETF in the third quarter valued at approximately $29,000. First Community Trust NA acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth approximately $39,000. Trust Co. of Vermont increased its stake in shares of SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 418 shares in the last quarter. Beacon Capital Management Inc. bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $52,000. Finally, MAI Capital Management lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 46.8% during the 3rd quarter. MAI Capital Management now owns 527 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 168 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.7%

Shares of NYSEARCA JNK opened at $95.47 on Friday. The firm has a market cap of $7.76 billion, a PE ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The company’s fifty day simple moving average is $97.34 and its 200 day simple moving average is $97.31.

SPDR Bloomberg High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.5246 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.6%.

SPDR Bloomberg 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.