Cetera Advisor Networks LLC raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,820 shares of the exchange traded fund’s stock after acquiring an additional 1,089 shares during the quarter. Cetera Advisor Networks LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $711,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in JNK. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 13.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 2,665 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 320 shares during the period. Nations Financial Group Inc. IA ADV increased its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 1.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 20,393 shares of the exchange traded fund’s stock worth $685,000 after purchasing an additional 325 shares during the period. Bruderman Asset Management LLC increased its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 27.2% during the fourth quarter. Bruderman Asset Management LLC now owns 1,588 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 340 shares during the period. Ford Financial Group Inc. increased its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 1.5% during the first quarter. Ford Financial Group Inc. now owns 25,894 shares of the exchange traded fund’s stock worth $931,000 after purchasing an additional 380 shares during the period. Finally, Peninsula Wealth LLC increased its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 1.5% during the fourth quarter. Peninsula Wealth LLC now owns 28,842 shares of the exchange traded fund’s stock worth $969,000 after purchasing an additional 413 shares during the period.

Shares of JNK opened at $107.40 on Monday. 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 announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a dividend of $0.1708 per share. The ex-dividend date was Wednesday, May 1st. This is a boost from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. This represents a $2.05 annualized dividend 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: Quick Ratio

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

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