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Whittier Trust Co. reduced its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,580 shares of the exchange traded fund’s stock after selling 971 shares during the period. Whittier Trust Co.’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $3,311,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the fourth quarter worth approximately $500,000. Symmetry Partners LLC raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 5.2% during the fourth quarter. Symmetry Partners LLC now owns 156,597 shares of the exchange traded fund’s stock worth $5,260,000 after purchasing an additional 7,781 shares during the period. Adventist Health System Sunbelt Healthcare Corp raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 1.4% during the fourth quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,567,692 shares of the exchange traded fund’s stock worth $52,659,000 after purchasing an additional 22,000 shares during the period. Brookstone Capital Management raised its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 998.4% during the fourth quarter. Brookstone Capital Management now owns 392,208 shares of the exchange traded fund’s stock worth $13,174,000 after purchasing an additional 356,502 shares during the period. Finally, Chatham Capital Group Inc. purchased a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the fourth quarter worth approximately $3,460,000.
Shares of JNK stock traded up $0.01 during mid-day trading on Tuesday, reaching $35.51. The company’s stock had a trading volume of 156,227 shares, compared to its average volume of 18,037,082. SPDR Bloomberg Barclays High Yield Bond ETF has a 12-month low of $32.92 and a 12-month high of $36.38.
The firm also recently announced a monthly dividend, which was paid on Thursday, February 7th. Stockholders of record on Monday, February 4th were paid a $0.1653 dividend. This represents a $1.98 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date of this dividend was Friday, February 1st.
TRADEMARK VIOLATION NOTICE: “Whittier Trust Co. Has $3.31 Million Position in SPDR Bloomberg Barclays High Yield Bond ETF (JNK)” was originally reported by Fairfield Current and is owned by of Fairfield Current. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece can be viewed at https://www.fairfieldcurrent.com/news/2019/02/19/whittier-trust-co-has-3-31-million-position-in-spdr-bloomberg-barclays-high-yield-bond-etf-jnk.html.
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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