Q3 Asset Management raised its position in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 142.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 139,629 shares of the exchange traded fund’s stock after buying an additional 81,943 shares during the period. SPDR Bloomberg Barclays High Yield Bond ETF comprises about 5.4% of Q3 Asset Management’s portfolio, making the stock its 7th largest holding. Q3 Asset Management’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $4,954,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Brookstone Capital Management purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF in the 2nd quarter worth approximately $309,000. Florin Court Capital LLP purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF in the 2nd quarter worth approximately $4,974,000. Cavalier Investments LLC lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 462.9% in the 2nd quarter. Cavalier Investments LLC now owns 140,354 shares of the exchange traded fund’s stock worth $4,979,000 after purchasing an additional 115,422 shares in the last quarter. Fiera Capital Corp lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 6.3% in the 2nd quarter. Fiera Capital Corp now owns 760,628 shares of the exchange traded fund’s stock worth $26,987,000 after purchasing an additional 45,157 shares in the last quarter. Finally, IndexIQ Advisors LLC lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 20.9% in the 2nd quarter. IndexIQ Advisors LLC now owns 1,702,493 shares of the exchange traded fund’s stock worth $60,405,000 after purchasing an additional 294,555 shares in the last quarter.

SPDR Bloomberg Barclays High Yield Bond ETF opened at $35.81 on Friday, according to Marketbeat Ratings. SPDR Bloomberg Barclays High Yield Bond ETF has a 1-year low of $35.26 and a 1-year high of $37.35.

The company also recently declared a monthly dividend, which was paid on Tuesday, August 7th. Stockholders of record on Thursday, August 2nd were given a dividend of $0.1613 per share. This represents a $1.94 annualized dividend and a dividend yield of 5.41%. The ex-dividend date was Wednesday, August 1st.

About SPDR Bloomberg Barclays High Yield Bond 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 Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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