SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) was the recipient of unusually large options trading on Friday. Stock investors acquired 20,000 call options on the company. This represents an increase of 1,994% compared to the typical volume of 955 call options.

A number of hedge funds have recently made changes to their positions in the company. Chicago Partners Investment Group LLC purchased a new stake in SPDR Barclays Capital High Yield Bnd ETF during the second quarter valued at $112,000. Ruggie Capital Group bought a new position in shares of SPDR Barclays Capital High Yield Bnd ETF during the second quarter valued at about $132,000. Arcadia Investment Management Corp MI boosted its position 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 during the period. National Planning Corp boosted its position 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 valued at $447,000 after buying an additional 689 shares during the period. Finally, NGAM Advisors L.P. boosted its position 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 valued at $452,000 after buying an additional 98 shares during the period.

Shares of SPDR Barclays Capital High Yield Bnd ETF (JNK) opened at 37.22 on Monday. The company’s 50 day moving average price is $37.16 and its 200-day moving average price is $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 firm also recently declared a monthly dividend, which will be paid on Wednesday, August 9th. Shareholders of record on Thursday, August 3rd will be issued a dividend of $0.1634 per share. This represents a $1.96 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date of this dividend is Tuesday, August 1st.

TRADEMARK VIOLATION WARNING: “Traders Buy Large Volume of Call Options on SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK)” was first published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/08/07/traders-buy-large-volume-of-call-options-on-spdr-barclays-capital-high-yield-bnd-etf-nysejnk.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 & 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 companies with MarketBeat.com's FREE daily email newsletter.