SPDR Bloomberg Barclays High Yield Bond ETF (JNK) Shares Sold by Sumitomo Mitsui Asset Management Company LTD

Sumitomo Mitsui Asset Management Company LTD reduced its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 13.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,152,478 shares of the exchange traded fund’s stock after selling 174,276 shares during the period. Sumitomo Mitsui Asset Management Company LTD’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $41,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 18.0% during the third quarter. JPMorgan Chase & Co. now owns 6,143,289 shares of the exchange traded fund’s stock worth $221,466,000 after purchasing an additional 938,559 shares during the period. Bank of New York Mellon Corp increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 1.9% during the third quarter. Bank of New York Mellon Corp now owns 376,424 shares of the exchange traded fund’s stock worth $13,570,000 after purchasing an additional 7,198 shares during the period. Neuberger Berman Group LLC increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 6.6% during the third quarter. Neuberger Berman Group LLC now owns 1,554,530 shares of the exchange traded fund’s stock worth $56,041,000 after purchasing an additional 95,988 shares during the period. NextCapital Advisers Inc. increased its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 56.6% during the fourth quarter. NextCapital Advisers Inc. now owns 882,302 shares of the exchange traded fund’s stock worth $29,592,000 after purchasing an additional 318,774 shares during the period. Finally, G&S Capital LLC increased its stake 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 worth $50,000 after purchasing an additional 326 shares during the period.

Shares of SPDR Bloomberg Barclays High Yield Bond ETF stock traded up $0.03 on Wednesday, reaching $107.10. 2,829,325 shares of the company were exchanged, compared to its average volume of 5,206,909. SPDR Bloomberg Barclays High Yield Bond ETF has a 1-year low of $98.76 and a 1-year high of $108.87.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.1708 per share. The ex-dividend date was Wednesday, May 1st. This is an increase from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. This represents a $2.05 dividend on an annualized basis and a dividend yield of 1.91%.

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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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