SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) was the target of some unusual options trading activity on Monday. Stock traders acquired 22,540 put options on the company. This is an increase of approximately 602% compared to the typical volume of 3,212 put options.

Several institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN raised its holdings in shares of SPDR Barclays Capital High Yield Bnd ETF by 15.3% during the second quarter. Wells Fargo & Company MN now owns 14,987,633 shares of the exchange traded fund’s stock valued at $557,540,000 after acquiring an additional 1,991,581 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in SPDR Barclays Capital High Yield Bnd ETF by 6.2% in the second quarter. The Manufacturers Life Insurance Company now owns 13,802,039 shares of the exchange traded fund’s stock worth $513,437,000 after purchasing an additional 804,038 shares during the period. BTS Asset Management Inc. grew its stake in SPDR Barclays Capital High Yield Bnd ETF by 21.2% in the second quarter. BTS Asset Management Inc. now owns 9,718,654 shares of the exchange traded fund’s stock worth $361,524,000 after purchasing an additional 1,700,143 shares during the period. JPMorgan Chase & Co. grew its stake in SPDR Barclays Capital High Yield Bnd ETF by 150.9% in the second quarter. JPMorgan Chase & Co. now owns 8,878,965 shares of the exchange traded fund’s stock worth $330,297,000 after purchasing an additional 5,339,732 shares during the period. Finally, Royal Bank of Canada grew its stake in SPDR Barclays Capital High Yield Bnd ETF by 26.8% in the second quarter. Royal Bank of Canada now owns 8,661,075 shares of the exchange traded fund’s stock worth $322,191,000 after purchasing an additional 1,829,840 shares during the period.

Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE JNK) opened at 37.03 on Thursday. The firm’s 50-day moving average is $37.13 and its 200-day moving average is $37.01. SPDR Barclays Capital High Yield Bnd ETF has a 52-week low of $35.05 and a 52-week high of $37.46.

The firm also recently announced 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 dividend yield of 5.32%. The ex-dividend date of this dividend is Friday, September 1st. This is an increase from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16.

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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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