LifePlan Financial Group Inc lessened its stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 73,333 shares of the exchange traded fund’s stock after selling 3,271 shares during the period. SPDR Bloomberg Barclays High Yield Bond ETF accounts for about 1.5% of LifePlan Financial Group Inc’s holdings, making the stock its 25th biggest position. LifePlan Financial Group Inc’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $2,463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Sound Income Strategies LLC increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 37.5% in the 4th quarter. Sound Income Strategies LLC now owns 1,209 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 330 shares during the period. Polaris Greystone Financial Group LLC increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 169.0% during the 3rd quarter. Polaris Greystone Financial Group LLC now owns 2,881 shares of the exchange traded fund’s stock worth $104,000 after purchasing an additional 1,810 shares during the period. Wunderlich Capital Managemnt acquired a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the 3rd quarter worth approximately $104,000. Bedel Financial Consulting Inc. increased its position in SPDR Bloomberg Barclays High Yield Bond ETF by 111.9% during the 3rd quarter. Bedel Financial Consulting Inc. now owns 3,941 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 2,081 shares during the period. Finally, Ruggie Capital Group acquired a new position in SPDR Bloomberg Barclays High Yield Bond ETF during the 2nd quarter worth approximately $148,000.

NYSEARCA JNK traded down $0.13 on Friday, hitting $34.82. 1,059,943 shares of the company’s stock were exchanged, compared to its average volume of 28,624,637. SPDR Bloomberg Barclays High Yield Bond ETF has a fifty-two week low of $32.92 and a fifty-two week high of $36.98.

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 26th. Shareholders of record on Thursday, December 20th were given a dividend of $0.1732 per share. This is a boost from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, December 19th. This represents a $2.08 annualized dividend and a yield of 5.97%.

WARNING: “LifePlan Financial Group Inc Sells 3,271 Shares of SPDR Bloomberg Barclays High Yield Bond ETF (JNK)” was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this article on another website, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The original version of this article can be viewed at https://www.dailypolitical.com/2019/01/11/lifeplan-financial-group-inc-sells-3271-shares-of-spdr-bloomberg-barclays-high-yield-bond-etf-jnk.html.

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.

Read More: What type of investment options does a Roth IRA provide?

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.