American Century Companies Inc. Has $25.62 Million Stake in SPDR Bloomberg High Yield Bond ETF $JNK

American Century Companies Inc. raised its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 19.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 261,457 shares of the exchange traded fund’s stock after acquiring an additional 42,907 shares during the quarter. American Century Companies Inc. owned about 0.31% of SPDR Bloomberg High Yield Bond ETF worth $25,620,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Clearstead Advisors LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 8.5% in the 3rd quarter. Clearstead Advisors LLC now owns 1,377 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 108 shares during the period. Apollon Financial LLC grew its stake in SPDR Bloomberg High Yield Bond ETF by 2.5% during the third quarter. Apollon Financial LLC now owns 4,585 shares of the exchange traded fund’s stock worth $449,000 after purchasing an additional 114 shares during the period. Franklin Resources Inc. increased its holdings in SPDR Bloomberg High Yield Bond ETF by 13.3% in the second quarter. Franklin Resources Inc. now owns 1,059 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 124 shares in the last quarter. Intergy Private Wealth LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 4.5% in the third quarter. Intergy Private Wealth LLC now owns 3,084 shares of the exchange traded fund’s stock valued at $302,000 after buying an additional 134 shares during the period. Finally, Capital CS Group LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 1.3% in the third quarter. Capital CS Group LLC now owns 11,082 shares of the exchange traded fund’s stock valued at $1,086,000 after buying an additional 143 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $95.91 on Monday. The stock has a market capitalization of $7.80 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $90.40 and a 52-week high of $98.24. The stock’s 50 day moving average price is $97.43 and its two-hundred day moving average price is $97.34.

SPDR Bloomberg High Yield Bond ETF Cuts Dividend

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

SPDR Bloomberg High Yield Bond 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.