Cavalier Investments LLC Invests $894,000 in SPDR Barclays Capital High Yield Bnd ETF (JNK) Stock

Cavalier Investments LLC purchased a new position in SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 24,932 shares of the exchange traded fund’s stock, valued at approximately $894,000.

A number of other large investors have also recently bought and sold shares of the stock. Vigilant Capital Management LLC lifted its holdings in SPDR Barclays Capital High Yield Bnd ETF by 114.7% in the fourth quarter. Vigilant Capital Management LLC now owns 3,006 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 1,606 shares during the last quarter. Capital Analysts LLC lifted its holdings in SPDR Barclays Capital High Yield Bnd ETF by 316.8% in the fourth quarter. Capital Analysts LLC now owns 3,818 shares of the exchange traded fund’s stock worth $215,000 after acquiring an additional 2,902 shares during the last quarter. Wagner Wealth Management LLC bought a new position in SPDR Barclays Capital High Yield Bnd ETF in the fourth quarter worth about $157,000. Resources Investment Advisors Inc. bought a new position in SPDR Barclays Capital High Yield Bnd ETF in the fourth quarter worth about $179,000. Finally, Virtu Financial LLC bought a new position in SPDR Barclays Capital High Yield Bnd ETF in the fourth quarter worth about $204,000.

Shares of NYSEARCA JNK opened at $35.70 on Friday. SPDR Barclays Capital High Yield Bnd ETF has a 52-week low of $35.35 and a 52-week high of $37.46.

The firm also recently declared a monthly dividend, which was paid on Monday, May 7th. Stockholders of record on Wednesday, May 2nd were issued a dividend of $0.1626 per share. This represents a $1.95 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend was Tuesday, May 1st. This is a boost from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.15.

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.

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

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