SPDR Barclays Capital High Yield Bnd ETF (JNK) Position Cut by CLS Investments LLC

CLS Investments LLC reduced its position in shares of SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) by 48.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 115,224 shares of the exchange traded fund’s stock after selling 107,697 shares during the period. CLS Investments LLC’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $4,300,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Phillips Financial Management LLC increased its position in SPDR Barclays Capital High Yield Bnd ETF by 1.5% during the third quarter. Phillips Financial Management LLC now owns 164,222 shares of the exchange traded fund’s stock worth $6,129,000 after purchasing an additional 2,372 shares during the last quarter. Asset Management One Co. Ltd. increased its position in SPDR Barclays Capital High Yield Bnd ETF by 26.3% during the third quarter. Asset Management One Co. Ltd. now owns 24,090 shares of the exchange traded fund’s stock worth $899,000 after purchasing an additional 5,014 shares during the last quarter. B. Riley Financial Inc. acquired a new stake in SPDR Barclays Capital High Yield Bnd ETF during the third quarter worth about $311,000. Envestnet Asset Management Inc. boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 8.4% during the third quarter. Envestnet Asset Management Inc. now owns 4,040,898 shares of the exchange traded fund’s stock worth $150,810,000 after buying an additional 311,804 shares during the period. Finally, Private Advisor Group LLC boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 5.8% during the third quarter. Private Advisor Group LLC now owns 372,085 shares of the exchange traded fund’s stock worth $13,846,000 after buying an additional 20,498 shares during the period.

Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA JNK) traded up $0.02 during mid-day trading on Friday, reaching $36.76. 9,923,700 shares of the company’s stock traded hands, compared to its average volume of 9,671,326. SPDR Barclays Capital High Yield Bnd ETF has a one year low of $36.14 and a one 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 paid a $0.1668 dividend. This represents a $2.00 annualized dividend and a dividend yield of 5.44%. The ex-dividend date is Friday, December 1st.

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About SPDR Barclays Capital High Yield Bnd ETF

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 Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK)

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