Trilogy Capital Inc. Takes $4.04 Million Position in SPDR Bloomberg Barclays High Yield Bond ETF (JNK)

Trilogy Capital Inc. bought a new stake in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) in the first quarter, Holdings Channel reports. The institutional investor bought 112,421 shares of the exchange traded fund’s stock, valued at approximately $4,044,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bartlett & Co. LLC acquired a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the fourth quarter worth $25,000. Essex Savings Bank acquired a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the fourth quarter worth $33,000. ERTS Wealth Advisors LLC acquired a new stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF in the fourth quarter worth $38,000. Sound Income Strategies LLC lifted its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 37.5% in the fourth quarter. Sound Income Strategies LLC now owns 1,209 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 330 shares during the last quarter. Finally, G&S Capital LLC lifted its stake in shares of SPDR Bloomberg Barclays High Yield Bond ETF by 27.8% in the fourth quarter. G&S Capital LLC now owns 1,498 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 326 shares during the last quarter.

Shares of SPDR Bloomberg Barclays High Yield Bond ETF stock opened at $36.19 on Wednesday. SPDR Bloomberg Barclays High Yield Bond ETF has a 1-year low of $32.92 and a 1-year high of $36.32.

SPDR Bloomberg Barclays High Yield Bond ETF’s stock is scheduled to reverse split on Monday, May 6th. The 1-3 reverse split was announced on Wednesday, March 13th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, May 3rd.

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1687 dividend. This represents a $2.02 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date was Monday, April 1st.

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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.

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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)

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