Jag Capital Management LLC cut its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 1.9% during the first quarter, HoldingsChannel reports. The firm owned 20,109 shares of the exchange traded fund’s stock after selling 380 shares during the period. Jag Capital Management LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $723,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bartlett & Co. LLC purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the fourth quarter valued at approximately $25,000. Essex Savings Bank purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the fourth quarter valued at approximately $33,000. ERTS Wealth Advisors LLC purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the fourth quarter valued at approximately $38,000. Sound Income Strategies LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 37.5% during the fourth quarter. Sound Income Strategies LLC now owns 1,209 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 330 shares in the last quarter. Finally, G&S Capital LLC grew its position in SPDR Bloomberg Barclays High Yield Bond ETF by 27.8% during the fourth quarter. G&S Capital LLC now owns 1,498 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 326 shares in the last quarter.

JNK traded down $0.04 on Monday, reaching $36.18. 8,298,009 shares of the company traded hands, compared to its average volume of 15,496,838. SPDR Bloomberg Barclays High Yield Bond ETF has a 52-week low of $32.92 and a 52-week high of $36.32.

SPDR Bloomberg Barclays High Yield Bond ETF’s stock is set to reverse split before the market opens on Monday, May 6th. The 1-3 reverse split was announced on Wednesday, March 13th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, May 3rd.

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1687 per share. This represents a $2.02 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date was Monday, April 1st.

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SPDR Bloomberg Barclays High Yield Bond 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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Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK).

Institutional Ownership by Quarter for SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK)

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