MML Investors Services LLC trimmed its position in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 56.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,595 shares of the exchange traded fund’s stock after selling 223,582 shares during the quarter. MML Investors Services LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $5,697,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV increased its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 1.6% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 20,393 shares of the exchange traded fund’s stock worth $685,000 after acquiring an additional 325 shares in the last quarter. G&S Capital LLC increased its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 27.8% in the 4th quarter. G&S Capital LLC now owns 1,498 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 326 shares in the last quarter. Sound Income Strategies LLC increased its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 37.5% in the 4th quarter. Sound Income Strategies LLC now owns 1,209 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 330 shares in the last quarter. Bruderman Asset Management LLC boosted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 27.2% in the 4th quarter. Bruderman Asset Management LLC now owns 1,588 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 340 shares during the period. Finally, Peninsula Wealth LLC boosted its position in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 1.5% during the 4th quarter. Peninsula Wealth LLC now owns 28,842 shares of the exchange traded fund’s stock valued at $969,000 after acquiring an additional 413 shares during the last quarter.

NYSEARCA JNK opened at $35.83 on Thursday. SPDR Bloomberg Barclays High Yield Bond ETF has a one year low of $32.92 and a one year high of $36.32.

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were given a dividend of $0.1734 per share. This is an increase from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. This represents a $2.08 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date was Friday, March 1st.

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About SPDR Bloomberg Barclays High Yield Bond ETF

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.

Featured Article: Yield Curve

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

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