Investors Sell SPDR Barclays Capital High Yield Bnd ETF (JNK) on Strength (JNK)

Investors sold shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) on strength during trading hours on Tuesday. $20.10 million flowed into the stock on the tick-up and $85.72 million flowed out of the stock on the tick-down, for a money net flow of $65.62 million out of the stock. Of all companies tracked, SPDR Barclays Capital High Yield Bnd ETF had the 12th highest net out-flow for the day. SPDR Barclays Capital High Yield Bnd ETF traded up $0.03 for the day and closed at $37.24

The firm’s 50 day moving average price is $37.14 and its 200 day moving average price is $37.08.

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 10th. Investors of record on Tuesday, October 3rd will be paid a $0.1566 dividend. This represents a $1.88 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Monday, October 2nd.

Hedge funds have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC purchased a new position in SPDR Barclays Capital High Yield Bnd ETF in the 2nd quarter worth about $112,000. Motco increased its stake in SPDR Barclays Capital High Yield Bnd ETF by 445.4% in the 2nd quarter. Motco now owns 3,398 shares of the exchange traded fund’s stock worth $126,000 after buying an additional 2,775 shares during the period. Ruggie Capital Group purchased a new position in SPDR Barclays Capital High Yield Bnd ETF in the 2nd quarter worth about $132,000. Arcadia Investment Management Corp MI increased its stake in SPDR Barclays Capital High Yield Bnd ETF by 45.1% in the 2nd 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. Finally, FNY Partners Fund LP purchased a new position in SPDR Barclays Capital High Yield Bnd ETF in the 2nd quarter worth about $166,000.

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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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