Investors Sell Shares of SPDR Barclays Capital High Yield Bnd ETF (JNK) on Strength (JNK)

Traders sold shares of SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) on strength during trading hours on Thursday. $36.51 million flowed into the stock on the tick-up and $84.42 million flowed out of the stock on the tick-down, for a money net flow of $47.91 million out of the stock. Of all companies tracked, SPDR Barclays Capital High Yield Bnd ETF had the 16th highest net out-flow for the day. SPDR Barclays Capital High Yield Bnd ETF traded up $0.09 for the day and closed at $36.92

The business also recently declared a monthly dividend, which was paid on Thursday, December 28th. Investors of record on Wednesday, December 20th were issued a dividend of $0.1625 per share. The ex-dividend date was Tuesday, December 19th. This represents a $1.95 annualized dividend and a yield of 5.28%.

A number of large investors have recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC purchased a new stake in SPDR Barclays Capital High Yield Bnd ETF in the third quarter worth $105,000. FNY Partners Fund LP purchased a new stake in SPDR Barclays Capital High Yield Bnd ETF in the second quarter worth $166,000. Citizens Financial Group Inc RI increased its stake in SPDR Barclays Capital High Yield Bnd ETF by 9.4% in the second quarter. Citizens Financial Group Inc RI now owns 4,515 shares of the exchange traded fund’s stock worth $168,000 after purchasing an additional 388 shares during the period. First Heartland Consultants Inc. purchased a new stake in SPDR Barclays Capital High Yield Bnd ETF in the third quarter worth $201,000. Finally, Advisory Services Network LLC increased its stake in SPDR Barclays Capital High Yield Bnd ETF by 40.8% in the second quarter. Advisory Services Network LLC now owns 5,645 shares of the exchange traded fund’s stock worth $210,000 after purchasing an additional 1,637 shares during the period.

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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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