SPDR Bloomberg High Yield Bond ETF $JNK Position Cut by Apella Capital LLC

Apella Capital LLC lowered its position in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 15.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 80,810 shares of the exchange traded fund’s stock after selling 14,413 shares during the period. Apella Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $7,842,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Key Financial Inc bought a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth about $34,000. First Community Trust NA acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter valued at $39,000. Trust Co. of Vermont increased its stake in SPDR Bloomberg High Yield Bond ETF by 41,800.0% during the 3rd quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 418 shares during the period. Truvestments Capital LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 73.9% during the 1st quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 212 shares in the last quarter. Finally, Beacon Capital Management Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the 2nd quarter worth approximately $52,000. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $97.16 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $90.40 and a 12-month high of $98.24. The stock has a market capitalization of $8.13 billion, a PE ratio of 19.96 and a beta of 0.42. The firm has a 50 day simple moving average of $97.11 and a 200-day simple moving average of $97.06.

SPDR Bloomberg High Yield Bond 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.