Traders sold shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) on strength during trading hours on Thursday. $18.00 million flowed into the stock on the tick-up and $56.16 million flowed out of the stock on the tick-down, for a money net flow of $38.16 million out of the stock. Of all equities tracked, SPDR Barclays Capital High Yield Bnd ETF had the 25th highest net out-flow for the day. SPDR Barclays Capital High Yield Bnd ETF traded up $0.01 for the day and closed at $37.04

The stock has a 50-day moving average of $37.12 and a 200-day moving average of $37.01. SPDR Barclays Capital High Yield Bnd ETF also was the recipient of some unusual options trading on Monday. Stock traders acquired 22,540 put options on the company. This is an increase of 602% compared to the average daily volume of 3,212 put options.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 12th. Investors of record on Wednesday, September 6th will be issued a dividend of $0.1641 per share. This represents a $1.97 dividend on an annualized basis and a yield of 5.32%. This is a boost from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16. The ex-dividend date is Friday, September 1st.

A number of hedge funds have recently added to or reduced their stakes in JNK. JPMorgan Chase & Co. increased its holdings in SPDR Barclays Capital High Yield Bnd ETF by 150.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,878,965 shares of the exchange traded fund’s stock valued at $330,297,000 after purchasing an additional 5,339,732 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in SPDR Barclays Capital High Yield Bnd ETF by 199.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 6,264,464 shares of the exchange traded fund’s stock valued at $233,037,000 after purchasing an additional 4,173,500 shares in the last quarter. Wells Fargo & Company MN increased its holdings in SPDR Barclays Capital High Yield Bnd ETF by 15.3% during the 2nd quarter. Wells Fargo & Company MN now owns 14,987,633 shares of the exchange traded fund’s stock valued at $557,540,000 after purchasing an additional 1,991,581 shares in the last quarter. Royal Bank of Canada increased its holdings in SPDR Barclays Capital High Yield Bnd ETF by 26.8% during the 2nd quarter. Royal Bank of Canada now owns 8,661,075 shares of the exchange traded fund’s stock valued at $322,191,000 after purchasing an additional 1,829,840 shares in the last quarter. Finally, BTS Asset Management Inc. increased its holdings in SPDR Barclays Capital High Yield Bnd ETF by 21.2% during the 2nd quarter. BTS Asset Management Inc. now owns 9,718,654 shares of the exchange traded fund’s stock valued at $361,524,000 after purchasing an additional 1,700,143 shares in the last quarter.

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About SPDR Barclays Capital High Yield Bnd 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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