GWM Advisors LLC Has $300,000 Stake in SPDR Bloomberg Barclays High Yield Bond ETF (JNK)

GWM Advisors LLC raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 30.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,310 shares of the exchange traded fund’s stock after acquiring an additional 1,944 shares during the quarter. GWM Advisors LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $300,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Polaris Greystone Financial Group LLC raised its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 169.0% in the third quarter. Polaris Greystone Financial Group LLC now owns 2,881 shares of the exchange traded fund’s stock worth $104,000 after acquiring an additional 1,810 shares during the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter valued at $144,000. Ruggie Capital Group purchased a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter valued at $148,000. Tompkins Financial Corp grew its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 51.9% in the second quarter. Tompkins Financial Corp now owns 4,346 shares of the exchange traded fund’s stock valued at $154,000 after purchasing an additional 1,485 shares during the period. Finally, Schroder Investment Management Group purchased a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter valued at $215,000.

Shares of NYSEARCA:JNK opened at $35.17 on Tuesday. SPDR Bloomberg Barclays High Yield Bond ETF has a 52 week low of $35.01 and a 52 week high of $37.06.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd will be given a $0.1688 dividend. This represents a $2.03 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend is Thursday, November 1st.

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SPDR Bloomberg Barclays 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.

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

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