HL Financial Services LLC raised its position in SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) by 12.3% during the second quarter, Holdings Channel reports. The fund owned 53,438 shares of the exchange traded fund’s stock after buying an additional 5,863 shares during the period. HL Financial Services LLC’s holdings in SPDR Barclays Capital High Yield Bnd ETF were worth $1,988,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Chicago Partners Investment Group LLC acquired a new position in SPDR Barclays Capital High Yield Bnd ETF during the second quarter worth approximately $112,000. NGAM Advisors L.P. increased its position in SPDR Barclays Capital High Yield Bnd ETF by 0.8% in the second quarter. NGAM Advisors L.P. now owns 12,144 shares of the exchange traded fund’s stock worth $452,000 after buying an additional 98 shares during the last quarter. Nwam LLC increased its position in SPDR Barclays Capital High Yield Bnd ETF by 7.4% in the second quarter. Nwam LLC now owns 29,611 shares of the exchange traded fund’s stock worth $1,102,000 after buying an additional 2,037 shares during the last quarter. Janney Montgomery Scott LLC increased its position in SPDR Barclays Capital High Yield Bnd ETF by 9.9% in the second quarter. Janney Montgomery Scott LLC now owns 59,535 shares of the exchange traded fund’s stock worth $2,215,000 after buying an additional 5,364 shares during the last quarter. Finally, LifePlan Financial Group Inc increased its position in SPDR Barclays Capital High Yield Bnd ETF by 1.3% in the second quarter. LifePlan Financial Group Inc now owns 80,556 shares of the exchange traded fund’s stock worth $2,997,000 after buying an additional 1,026 shares during the last quarter.

SPDR Barclays Capital High Yield Bnd ETF (JNK) opened at 36.94 on Thursday. SPDR Barclays Capital High Yield Bnd ETF has a 12-month low of $35.05 and a 12-month high of $37.46. The stock’s 50 day moving average is $37.16 and its 200-day moving average is $37.00.

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Thursday, August 3rd were given a $0.1634 dividend. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 5.31%.

COPYRIGHT VIOLATION NOTICE: “HL Financial Services LLC Has $1.99 Million Stake in SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK)” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another publication, it was stolen and reposted in violation of United States & international copyright laws. The original version of this news story can be accessed at https://www.dailypolitical.com/2017/08/10/hl-financial-services-llc-has-1-99-million-stake-in-spdr-barclays-capital-high-yield-bnd-etf-nysejnk.html.

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.

Want to see what other hedge funds are holding JNK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK).

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

Receive News & Ratings for SPDR Barclays Capital High Yield Bnd ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Barclays Capital High Yield Bnd ETF and related companies with MarketBeat.com's FREE daily email newsletter.