SPDR Barclays Capital High Yield Bnd ETF (JNK) Shares Bought by Towercrest Capital Management

Towercrest Capital Management raised its holdings in SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) by 16.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,339 shares of the exchange traded fund’s stock after purchasing an additional 8,849 shares during the quarter. SPDR Barclays Capital High Yield Bnd ETF accounts for approximately 1.8% of Towercrest Capital Management’s investment portfolio, making the stock its 18th biggest position. Towercrest Capital Management’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $2,282,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the business. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 24.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 367,809 shares of the exchange traded fund’s stock valued at $13,683,000 after purchasing an additional 71,412 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 10.1% in the 2nd quarter. Assetmark Inc. now owns 6,897,085 shares of the exchange traded fund’s stock valued at $256,571,000 after purchasing an additional 630,859 shares in the last quarter. Private Advisory Group LLC acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF in the 2nd quarter valued at $272,000. The Manufacturers Life Insurance Company boosted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 6.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,802,039 shares of the exchange traded fund’s stock valued at $513,437,000 after purchasing an additional 804,038 shares in the last quarter. Finally, Bluefin Trading LLC boosted its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 203.4% in the 2nd quarter. Bluefin Trading LLC now owns 323,105 shares of the exchange traded fund’s stock valued at $12,020,000 after purchasing an additional 216,615 shares in the last quarter.

Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE JNK) traded down 0.03% during midday trading on Tuesday, hitting $37.20. The company’s stock had a trading volume of 1,247,586 shares. SPDR Barclays Capital High Yield Bnd ETF has a 52-week low of $35.05 and a 52-week high of $37.46. The stock’s 50 day moving average is $37.14 and its 200-day moving average is $37.08.

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Tuesday, October 3rd will be issued a $0.1566 dividend. The ex-dividend date is Monday, October 2nd. This represents a $1.88 annualized dividend and a dividend yield of 5.05%.

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SPDR Barclays Capital High Yield Bnd 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.

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

Institutional Ownership by Quarter for SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK)

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