Traders sold shares of SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) on strength during trading on Thursday. $40.99 million flowed into the stock on the tick-up and $92.22 million flowed out of the stock on the tick-down, for a money net flow of $51.23 million out of the stock. Of all companies tracked, SPDR Barclays Capital High Yield Bnd ETF had the 7th highest net out-flow for the day. SPDR Barclays Capital High Yield Bnd ETF traded up $0.08 for the day and closed at $36.96

The firm also recently announced a monthly dividend, which was paid on Thursday, November 9th. Investors of record on Thursday, November 2nd were paid a $0.1698 dividend. This is a positive change from SPDR Barclays Capital High Yield Bnd ETF’s previous monthly dividend of $0.16. This represents a $2.04 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend was Wednesday, November 1st.

A number of institutional investors have recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC acquired a new stake in SPDR Barclays Capital High Yield Bnd ETF during the third quarter worth about $105,000. Chicago Partners Investment Group LLC acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF in the second quarter valued at about $112,000. Motco grew its stake in shares of SPDR Barclays Capital High Yield Bnd ETF by 445.4% in the second quarter. Motco now owns 3,398 shares of the exchange traded fund’s stock valued at $126,000 after buying an additional 2,775 shares in the last quarter. Ruggie Capital Group acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF in the second quarter valued at about $132,000. Finally, Arcadia Investment Management Corp MI grew its stake in shares of SPDR Barclays Capital High Yield Bnd ETF by 45.1% in the second quarter. Arcadia Investment Management Corp MI now owns 3,700 shares of the exchange traded fund’s stock valued at $138,000 after buying an additional 1,150 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: This news story was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/11/23/investors-sell-spdr-barclays-capital-high-yield-bnd-etf-jnk-on-strength-jnk.html.

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.

Receive News & Stock Ratings for SPDR Barclays Capital High Yield Bnd ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Barclays Capital High Yield Bnd ETF and related stocks with our FREE daily email newsletter.