SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) was the target of unusually large options trading activity on Friday. Traders acquired 20,001 put options on the company. This is an increase of 1,722% compared to the average daily volume of 1,098 put options.

Hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF during the second quarter worth approximately $112,000. Ruggie Capital Group acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF during the second quarter worth approximately $132,000. Arcadia Investment Management Corp MI raised 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 worth $138,000 after buying an additional 1,150 shares during the period. National Planning Corp raised its stake in shares of SPDR Barclays Capital High Yield Bnd ETF by 6.0% in the second quarter. National Planning Corp now owns 12,087 shares of the exchange traded fund’s stock worth $447,000 after buying an additional 689 shares during the period. Finally, NGAM Advisors L.P. raised its stake 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 worth $452,000 after buying an additional 98 shares during the period.

Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE JNK) opened at 37.22 on Monday. The firm has a 50-day moving average of $37.16 and a 200 day moving average of $36.98. SPDR Barclays Capital High Yield Bnd ETF has a 52 week low of $35.05 and a 52 week high of $37.46.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, August 9th. Stockholders of record on Thursday, August 3rd will be paid a $0.1634 dividend. The ex-dividend date of this dividend is Tuesday, August 1st. This represents a $1.96 annualized dividend and a dividend yield of 5.27%.

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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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