BTC Capital Management Inc. Cuts Position in SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK)

BTC Capital Management Inc. cut its position in shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) by 87.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,593 shares of the exchange traded fund’s stock after selling 159,645 shares during the period. BTC Capital Management Inc.’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $878,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Sei Investments Co. raised its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 15.5% in the second quarter. Sei Investments Co. now owns 3,521,004 shares of the exchange traded fund’s stock worth $130,981,000 after buying an additional 473,821 shares during the last quarter. Harbour Capital Advisors LLC raised its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 3,620.0% in the second quarter. Harbour Capital Advisors LLC now owns 418,574 shares of the exchange traded fund’s stock worth $11,252,000 after buying an additional 407,322 shares during the last quarter. Personal Capital Advisors Corp raised its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 13.3% in the second quarter. Personal Capital Advisors Corp now owns 2,691,116 shares of the exchange traded fund’s stock worth $100,110,000 after buying an additional 315,827 shares during the last quarter. CIBC Asset Management Inc raised its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 511.0% in the second quarter. CIBC Asset Management Inc now owns 298,990 shares of the exchange traded fund’s stock worth $11,122,000 after buying an additional 250,054 shares during the last quarter. Finally, Florin Court Capital LLP raised its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 221.3% in the second quarter. Florin Court Capital LLP now owns 281,800 shares of the exchange traded fund’s stock worth $10,483,000 after buying an additional 194,100 shares during the last quarter.

SPDR Barclays Capital High Yield Bnd ETF (NYSE JNK) opened at 36.77 on Friday. SPDR Barclays Capital High Yield Bnd ETF has a 12 month low of $35.05 and a 12 month high of $37.46. The firm’s 50 day moving average is $37.15 and its 200-day moving average is $36.99.

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Thursday, August 3rd were given a $0.1634 dividend. This represents a $1.96 annualized dividend and a dividend yield of 5.33%. The ex-dividend date of this dividend was Tuesday, August 1st.

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SPDR Barclays Capital High Yield Bnd 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 Barclays Capital High Yield Bnd ETF (NYSE:JNK)

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