IFP Advisors Inc Has $5.19 Million Position in SPDR Barclays Capital High Yield Bnd ETF (JNK)

IFP Advisors Inc decreased its holdings in SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) by 16.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 138,979 shares of the exchange traded fund’s stock after selling 26,452 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $5,187,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JNK. JPMorgan Chase & Co. raised its holdings in SPDR Barclays Capital High Yield Bnd ETF by 150.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 8,878,965 shares of the exchange traded fund’s stock worth $330,297,000 after purchasing an additional 5,339,732 shares during the period. Goldman Sachs Group Inc. raised its holdings in SPDR Barclays Capital High Yield Bnd ETF by 199.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 6,264,464 shares of the exchange traded fund’s stock worth $233,037,000 after purchasing an additional 4,173,500 shares during the period. Wells Fargo & Company MN raised its holdings in SPDR Barclays Capital High Yield Bnd ETF by 15.3% in the 2nd quarter. Wells Fargo & Company MN now owns 14,987,633 shares of the exchange traded fund’s stock worth $557,540,000 after purchasing an additional 1,991,581 shares during the period. Royal Bank of Canada raised its holdings in SPDR Barclays Capital High Yield Bnd ETF by 26.8% in the 2nd quarter. Royal Bank of Canada now owns 8,661,075 shares of the exchange traded fund’s stock worth $322,191,000 after purchasing an additional 1,829,840 shares during the period. Finally, BTS Asset Management Inc. raised its holdings in SPDR Barclays Capital High Yield Bnd ETF by 21.2% in the 2nd quarter. BTS Asset Management Inc. now owns 9,718,654 shares of the exchange traded fund’s stock worth $361,524,000 after purchasing an additional 1,700,143 shares during the period.

WARNING: This news story was first posted by Community Financial News and is the property of of Community Financial News. If you are accessing this news story on another domain, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The legal version of this news story can be viewed at https://www.com-unik.info/2017/11/02/ifp-advisors-inc-has-5-19-million-position-in-spdr-barclays-capital-high-yield-bnd-etf-jnk.html.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 9th. Investors of record on Thursday, November 2nd will be given a $0.1698 dividend. The ex-dividend date of this dividend is Wednesday, November 1st. This represents a $2.04 dividend on an annualized basis and a yield of 5.47%. This is an increase from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16.

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.

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

What are top analysts saying about SPDR Barclays Capital High Yield Bnd ETF? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SPDR Barclays Capital High Yield Bnd ETF and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit