Consolidated Portfolio Review Corp Grows Position in SPDR Bloomberg High Yield Bond ETF $JNK

Consolidated Portfolio Review Corp raised its stake in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 95.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 11,884 shares of the exchange traded fund’s stock after purchasing an additional 5,800 shares during the period. Consolidated Portfolio Review Corp’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $1,165,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Caitlin John LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter valued at $29,000. First Community Trust NA bought a new position in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter worth $39,000. Trust Co. of Vermont increased its stake in SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 418 shares in the last quarter. Beacon Capital Management Inc. purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth $52,000. Finally, MAI Capital Management raised its holdings in SPDR Bloomberg High Yield Bond ETF by 46.8% during the third quarter. MAI Capital Management now owns 527 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 168 shares during the period. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.5%

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $95.91 on Friday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24. The company has a market capitalization of $7.80 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. The stock’s 50-day simple moving average is $97.43 and its 200-day simple moving average is $97.33.

SPDR Bloomberg High Yield Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.5246 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 6.6%.

About SPDR Bloomberg 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.