GenTrust LLC Has $2.72 Million Position in SPDR Barclays Capital High Yield Bnd ETF (JNK)

GenTrust LLC boosted its stake in SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) by 35.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,901 shares of the exchange traded fund’s stock after purchasing an additional 19,271 shares during the quarter. SPDR Barclays Capital High Yield Bnd ETF comprises 0.5% of GenTrust LLC’s investment portfolio, making the stock its 29th biggest position. GenTrust LLC’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $2,721,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new position in SPDR Barclays Capital High Yield Bnd ETF in the third quarter valued at about $105,000. Chicago Partners Investment Group LLC acquired a new position in SPDR Barclays Capital High Yield Bnd ETF in the second quarter valued at about $112,000. Motco raised its stake in SPDR Barclays Capital High Yield Bnd ETF by 445.4% in the second quarter. Motco now owns 3,398 shares of the exchange traded fund’s stock valued at $126,000 after purchasing an additional 2,775 shares in the last quarter. Ruggie Capital Group acquired a new position in SPDR Barclays Capital High Yield Bnd ETF in the second quarter valued at about $132,000. Finally, Arcadia Investment Management Corp MI raised its stake in SPDR Barclays Capital High Yield Bnd ETF by 45.1% in the second quarter. Arcadia Investment Management Corp MI now owns 3,700 shares of the exchange traded fund’s stock valued at $138,000 after purchasing an additional 1,150 shares in the last quarter.

SPDR Barclays Capital High Yield Bnd ETF (JNK) traded down $0.14 during trading on Wednesday, reaching $36.50. The company’s stock had a trading volume of 10,734,900 shares, compared to its average volume of 9,538,350. SPDR Barclays Capital High Yield Bnd ETF has a 1 year low of $35.59 and a 1 year high of $37.46.

The firm also recently announced a monthly dividend, which was paid on Thursday, November 9th. Shareholders of record on Thursday, November 2nd were given a $0.1698 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, November 1st. This is a boost from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16.

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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.

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

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