SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC trimmed its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 46.3% during the fourth quarter, HoldingsChannel reports. The fund owned 20,512 shares of the exchange traded fund’s stock after selling 17,678 shares during the quarter. Cavalier Investments LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $2,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Man Group plc increased its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 33.9% during the third quarter. Man Group plc now owns 867,398 shares of the exchange traded fund’s stock worth $94,321,000 after acquiring an additional 219,733 shares during the period. Adventist Health System Sunbelt Healthcare Corp increased its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 2.6% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 558,900 shares of the exchange traded fund’s stock worth $60,775,000 after acquiring an additional 14,047 shares during the period. Stifel Financial Corp increased its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 11.2% during the third quarter. Stifel Financial Corp now owns 90,895 shares of the exchange traded fund’s stock worth $9,904,000 after acquiring an additional 9,137 shares during the period. Millennium Management LLC increased its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 58.2% during the third quarter. Millennium Management LLC now owns 79,102 shares of the exchange traded fund’s stock worth $8,601,000 after acquiring an additional 29,102 shares during the period. Finally, Bluefin Trading LLC acquired a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF during the third quarter worth about $1,560,000.

Shares of SPDR Bloomberg Barclays High Yield Bond ETF stock opened at $110.11 on Friday. SPDR Bloomberg Barclays High Yield Bond ETF has a 52-week low of $105.55 and a 52-week high of $110.33. The company’s 50-day simple moving average is $109.70 and its 200-day simple moving average is $108.71.

The company also recently declared a monthly dividend, which was paid on Friday, February 7th. Stockholders of record on Tuesday, February 4th were paid a dividend of $0.4684 per share. The ex-dividend date was Monday, February 3rd. This represents a $5.62 dividend on an annualized basis and a dividend yield of 5.10%.

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

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