SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 33,365,155 shares, a decline of 18.5% from the August 15th total of 40,915,578 shares. Based on an average trading volume of 8,276,042 shares, the days-to-cover ratio is presently 4.0 days.

Several hedge funds have recently made changes to their positions in the company. Commerce Bank increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.3% in the second quarter. Commerce Bank now owns 10,530 shares of the exchange traded fund’s stock valued at $392,000 after buying an additional 32 shares in the last quarter. Robertson Stephens Advisors LLC increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.4% in the second quarter. Robertson Stephens Advisors LLC now owns 15,150 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 57 shares in the last quarter. NGAM Advisors L.P. increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.8% in the second quarter. NGAM Advisors L.P. now owns 12,144 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 98 shares in the last quarter. Noesis Capital Mangement Corp increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.7% in the second quarter. Noesis Capital Mangement Corp now owns 22,368 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 152 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 2.6% in the second quarter. EP Wealth Advisors LLC now owns 6,336 shares of the exchange traded fund’s stock valued at $236,000 after buying an additional 159 shares in the last quarter.

SPDR Barclays Capital High Yield Bnd ETF (NYSE JNK) opened at 37.21 on Thursday. The stock’s 50 day moving average is $37.06 and its 200 day moving average is $37.01. SPDR Barclays Capital High Yield Bnd ETF has a 12 month low of $35.05 and a 12 month high of $37.46.

The company also recently declared a monthly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Wednesday, September 6th were given a $0.1641 dividend. The ex-dividend date of this dividend was Friday, September 1st. This represents a $1.97 dividend on an annualized basis and a dividend yield of 5.29%. This is a boost from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16.

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SPDR Barclays Capital High Yield Bnd ETF Company 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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