Traders purchased shares of SPDR Bloomberg Barclays High Yield Bond ETF (NYSEARCA:JNK) on weakness during trading on Thursday. $128.28 million flowed into the stock on the tick-up and $61.81 million flowed out of the stock on the tick-down, for a money net flow of $66.47 million into the stock. Of all equities tracked, SPDR Bloomberg Barclays High Yield Bond ETF had the 12th highest net in-flow for the day. SPDR Bloomberg Barclays High Yield Bond ETF traded down ($0.05) for the day and closed at $35.36

The company also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were given a dividend of $0.1688 per share. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $2.03 annualized dividend and a dividend yield of 5.77%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 76.8% in the third quarter. FMR LLC now owns 15,012 shares of the exchange traded fund’s stock valued at $541,000 after purchasing an additional 6,522 shares during the period. Massmutual Trust Co. FSB ADV boosted its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 14.7% in the third quarter. Massmutual Trust Co. FSB ADV now owns 17,100 shares of the exchange traded fund’s stock valued at $616,000 after purchasing an additional 2,190 shares during the period. MD Financial Management Inc. boosted its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 9.5% in the third quarter. MD Financial Management Inc. now owns 2,982,693 shares of the exchange traded fund’s stock valued at $107,526,000 after purchasing an additional 259,078 shares during the period. BlackRock Inc. boosted its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 299.4% in the third quarter. BlackRock Inc. now owns 5,523,413 shares of the exchange traded fund’s stock valued at $199,119,000 after purchasing an additional 4,140,423 shares during the period. Finally, Private Ocean LLC boosted its holdings in SPDR Bloomberg Barclays High Yield Bond ETF by 9.3% in the third quarter. Private Ocean LLC now owns 923,990 shares of the exchange traded fund’s stock valued at $33,310,000 after purchasing an additional 78,637 shares during the period.

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SPDR Bloomberg Barclays High Yield Bond ETF Company Profile (NYSEARCA:JNK)

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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