Advantage Investment Management LLC Sells 30,845 Shares of SPDR Barclays Capital High Yield Bnd ETF (JNK)

Advantage Investment Management LLC trimmed its holdings in SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) by 59.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,273 shares of the exchange traded fund’s stock after selling 30,845 shares during the period. Advantage Investment Management LLC’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $794,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Commerce Bank raised its position in SPDR Barclays Capital High Yield Bnd ETF by 0.3% in the second quarter. Commerce Bank now owns 10,530 shares of the exchange traded fund’s stock worth $392,000 after acquiring an additional 32 shares during the period. Robertson Stephens Advisors LLC lifted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.4% in the 2nd quarter. Robertson Stephens Advisors LLC now owns 15,150 shares of the exchange traded fund’s stock worth $564,000 after acquiring an additional 57 shares during the last quarter. NGAM Advisors L.P. lifted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.8% in the 2nd quarter. NGAM Advisors L.P. now owns 12,144 shares of the exchange traded fund’s stock worth $452,000 after acquiring an additional 98 shares during the last quarter. Noesis Capital Mangement Corp lifted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.7% in the 2nd quarter. Noesis Capital Mangement Corp now owns 22,368 shares of the exchange traded fund’s stock worth $832,000 after acquiring an additional 152 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 2.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,336 shares of the exchange traded fund’s stock worth $236,000 after acquiring an additional 159 shares during the last quarter.

Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA JNK) traded up $0.02 on Tuesday, hitting $36.75. 8,367,600 shares of the stock were exchanged, compared to its average volume of 9,687,296. SPDR Barclays Capital High Yield Bnd ETF has a 1 year low of $36.00 and a 1 year high of $37.46.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, December 4th will be issued a $0.1668 dividend. The ex-dividend date is Friday, December 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 5.45%.

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SPDR Barclays Capital High Yield Bnd 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.

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

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