SPDR Bloomberg High Yield Bond ETF $JNK Shares Sold by Apella Capital LLC

Apella Capital LLC cut its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 7.3% during the first quarter, Holdings Channel.com reports. The fund owned 67,350 shares of the exchange traded fund’s stock after selling 5,315 shares during the period. Apella Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $6,538,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Integrated Capital Management LLC grew its holdings in SPDR Bloomberg High Yield Bond ETF by 3.5% in the first quarter. Integrated Capital Management LLC now owns 7,036 shares of the exchange traded fund’s stock valued at $673,000 after purchasing an additional 235 shares during the period. Legacy Wealth Partners LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 75.4% during the 1st quarter. Legacy Wealth Partners LLC now owns 6,955 shares of the exchange traded fund’s stock worth $666,000 after buying an additional 2,989 shares during the period. Signal Advisors Wealth LLC raised its stake in shares of SPDR Bloomberg High Yield Bond ETF by 65.7% during the 1st quarter. Signal Advisors Wealth LLC now owns 18,735 shares of the exchange traded fund’s stock worth $1,793,000 after buying an additional 7,428 shares during the period. Outlook Wealth Advisors LLC purchased a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter valued at approximately $337,000. Finally, Intergy Private Wealth LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 3.9% during the 1st quarter. Intergy Private Wealth LLC now owns 3,337 shares of the exchange traded fund’s stock valued at $319,000 after buying an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

SPDR Bloomberg High Yield Bond ETF stock opened at $96.28 on Friday. The stock has a market capitalization of $7.29 billion, a P/E ratio of 19.96 and a beta of 0.41. The company’s fifty day moving average price is $96.35 and its 200 day moving average price is $96.69. SPDR Bloomberg High Yield Bond ETF has a 1 year low of $94.49 and a 1 year high of $98.24.

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.