Manning & Napier Group LLC bought a new stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) during the third quarter, Holdings Channel reports. The institutional investor bought 162,980 shares of the exchange traded fund’s stock, valued at approximately $5,875,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JNK. Proficio Capital Partners LLC purchased a new stake in SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter valued at approximately $144,000. Ruggie Capital Group acquired a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter worth $148,000. Tompkins Financial Corp grew its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 51.9% in the second quarter. Tompkins Financial Corp now owns 4,346 shares of the exchange traded fund’s stock worth $154,000 after acquiring an additional 1,485 shares in the last quarter. Schroder Investment Management Group acquired a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the second quarter worth $215,000. Finally, NEXT Financial Group Inc acquired a new position in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the first quarter worth $221,000.

NYSEARCA:JNK opened at $35.50 on Friday. SPDR Bloomberg Barclays High Yield Bond ETF has a 52 week low of $35.23 and a 52 week high of $37.35.

The firm also recently declared a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were paid a $0.1751 dividend. This is an increase from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, October 1st. This represents a $2.10 annualized dividend and a dividend yield of 5.92%.

SPDR Bloomberg Barclays 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.

Featured Article: Index Funds

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

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

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