First Citizens Bank & Trust Co. Buys 4,728 Shares of SPDR Bloomberg Barclays High Yield Bond ETF (JNK)

First Citizens Bank & Trust Co. lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 29.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,601 shares of the exchange traded fund’s stock after acquiring an additional 4,728 shares during the period. First Citizens Bank & Trust Co.’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $743,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 4.8% in the 2nd quarter. Bank of America Corp DE now owns 16,595,047 shares of the exchange traded fund’s stock worth $588,791,000 after acquiring an additional 759,575 shares in the last quarter. BTS Asset Management Inc. bought a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the 2nd quarter worth $470,979,000. Assetmark Inc. raised its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 3.4% in the 2nd quarter. Assetmark Inc. now owns 6,835,445 shares of the exchange traded fund’s stock worth $242,522,000 after acquiring an additional 221,845 shares in the last quarter. Personal Capital Advisors Corp raised its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 11.5% in the 2nd quarter. Personal Capital Advisors Corp now owns 4,360,206 shares of the exchange traded fund’s stock worth $154,700,000 after acquiring an additional 449,045 shares in the last quarter. Finally, United Services Automobile Association raised its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 77.9% in the 2nd quarter. United Services Automobile Association now owns 3,360,840 shares of the exchange traded fund’s stock worth $119,243,000 after acquiring an additional 1,472,140 shares in the last quarter.

JNK opened at $35.37 on Friday. SPDR Bloomberg Barclays High Yield Bond ETF has a 12 month low of $35.23 and a 12 month high of $37.35.

The business also recently declared a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were given a $0.1751 dividend. This represents a $2.10 annualized dividend and a dividend yield of 5.94%. This is a positive change from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, October 1st.

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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