SPDR Bloomberg Barclays High Yield Bond ETF (JNK) Shares Sold by FormulaFolio Investments LLC

FormulaFolio Investments LLC reduced its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 14.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 126,774 shares of the exchange traded fund’s stock after selling 21,892 shares during the period. FormulaFolio Investments LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $4,570,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 4.8% during the 2nd quarter. Bank of America Corp DE now owns 16,595,047 shares of the exchange traded fund’s stock valued at $588,791,000 after acquiring an additional 759,575 shares in the last quarter. BTS Asset Management Inc. purchased a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF during the 2nd quarter valued at $470,979,000. Wells Fargo & Company MN grew its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 9.8% during the 3rd quarter. Wells Fargo & Company MN now owns 8,963,720 shares of the exchange traded fund’s stock valued at $323,142,000 after acquiring an additional 798,733 shares in the last quarter. Assetmark Inc. grew its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 3.4% during the 2nd quarter. Assetmark Inc. now owns 6,835,445 shares of the exchange traded fund’s stock valued at $242,522,000 after acquiring an additional 221,845 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 18.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,143,289 shares of the exchange traded fund’s stock valued at $221,466,000 after acquiring an additional 938,559 shares in the last quarter.

SPDR Bloomberg Barclays High Yield Bond ETF stock opened at $34.61 on Friday. SPDR Bloomberg Barclays High Yield Bond ETF has a 12 month low of $34.54 and a 12 month high of $37.05.

The business also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were issued a dividend of $0.1688 per share. This represents a $2.03 annualized dividend and a dividend yield of 5.85%. The ex-dividend date of this dividend was 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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