Institute for Wealth Management LLC. bought a new position in shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,524 shares of the exchange traded fund’s stock, valued at approximately $466,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 9.4% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 6,641 shares of the exchange traded fund’s stock worth $245,000 after acquiring an additional 572 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 150.9% during the second quarter. JPMorgan Chase & Co. now owns 8,878,965 shares of the exchange traded fund’s stock worth $330,297,000 after acquiring an additional 5,339,732 shares during the last quarter. BTS Asset Management Inc. increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 21.2% during the second quarter. BTS Asset Management Inc. now owns 9,718,654 shares of the exchange traded fund’s stock worth $361,524,000 after acquiring an additional 1,700,143 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp purchased a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF during the second quarter worth about $50,929,000. Finally, Good Life Advisors LLC increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 16.9% during the second quarter. Good Life Advisors LLC now owns 9,604 shares of the exchange traded fund’s stock worth $357,000 after acquiring an additional 1,385 shares during the last quarter.

Shares of SPDR Barclays Capital High Yield Bnd ETF (JNK) traded up 0.08% during mid-day trading on Friday, hitting $37.32. The stock had a trading volume of 6,733,275 shares. SPDR Barclays Capital High Yield Bnd ETF has a one year low of $35.05 and a one year high of $37.46. The firm’s 50 day moving average price is $37.06 and its 200-day moving average price is $37.01.

The company also recently declared a monthly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Wednesday, September 6th were issued a dividend of $0.1641 per share. This represents a $1.97 dividend on an annualized basis and a yield of 5.28%. This is a boost from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, September 1st.

TRADEMARK VIOLATION NOTICE: “Institute for Wealth Management LLC. Buys New Stake in SPDR Barclays Capital High Yield Bnd ETF (JNK)” was posted by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.watchlistnews.com/institute-for-wealth-management-llc-buys-new-stake-in-spdr-barclays-capital-high-yield-bnd-etf-jnk/1601335.html.

SPDR Barclays Capital High Yield Bnd 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.

Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK).

Institutional Ownership by Quarter for SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK)

Receive News & Ratings for SPDR Barclays Capital High Yield Bnd ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Barclays Capital High Yield Bnd ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.