NewSquare Capital LLC Has $19.45 Million Holdings in SPDR Bloomberg Barclays High Yield Bond ETF (JNK)

NewSquare Capital LLC raised its holdings in SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) by 96.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 539,436 shares of the exchange traded fund’s stock after acquiring an additional 264,215 shares during the quarter. SPDR Bloomberg Barclays High Yield Bond ETF accounts for about 3.7% of NewSquare Capital LLC’s portfolio, making the stock its 9th biggest holding. NewSquare Capital LLC’s holdings in SPDR Bloomberg Barclays High Yield Bond ETF were worth $19,447,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of JNK. Bank of America Corp DE lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 4.8% during the second quarter. Bank of America Corp DE now owns 16,595,047 shares of the exchange traded fund’s stock valued at $588,791,000 after buying an additional 759,575 shares in the last quarter. BTS Asset Management Inc. purchased a new stake in SPDR Bloomberg Barclays High Yield Bond ETF during the second quarter valued at about $470,979,000. Assetmark Inc. lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 3.4% during the second quarter. Assetmark Inc. now owns 6,835,445 shares of the exchange traded fund’s stock valued at $242,522,000 after buying an additional 221,845 shares in the last quarter. Personal Capital Advisors Corp lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 11.5% during the second quarter. Personal Capital Advisors Corp now owns 4,360,206 shares of the exchange traded fund’s stock valued at $154,700,000 after buying an additional 449,045 shares in the last quarter. Finally, United Services Automobile Association lifted its stake in SPDR Bloomberg Barclays High Yield Bond ETF by 77.9% during the second quarter. United Services Automobile Association now owns 3,360,840 shares of the exchange traded fund’s stock valued at $119,243,000 after buying an additional 1,472,140 shares in the last quarter.

JNK stock traded up $0.02 during mid-day trading on Friday, reaching $35.37. 1,034,995 shares of the stock traded hands, compared to its average volume of 13,144,959. SPDR Bloomberg Barclays High Yield Bond ETF has a 52-week low of $35.23 and a 52-week high of $37.35.

The company also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were paid a dividend of $0.1751 per share. The ex-dividend date of this dividend was Monday, October 1st. This is a positive change from SPDR Bloomberg Barclays High Yield Bond ETF’s previous monthly dividend of $0.17. This represents a $2.10 dividend on an annualized basis and a yield of 5.94%.

About SPDR Bloomberg Barclays High Yield Bond ETF

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

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