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

Apella Capital LLC cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 15.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,810 shares of the exchange traded fund’s stock after selling 14,413 shares during the quarter. Apella Capital LLC owned approximately 0.10% of SPDR Bloomberg High Yield Bond ETF worth $7,842,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Key Financial Inc purchased a new stake in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at approximately $34,000. First Community Trust NA acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth $39,000. Trust Co. of Vermont raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 41,800.0% in the third quarter. Trust Co. of Vermont now owns 419 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 418 shares during the last quarter. Truvestments Capital LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 73.9% in the first quarter. Truvestments Capital LLC now owns 499 shares of the exchange traded fund’s stock valued at $48,000 after acquiring 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 during the second quarter valued at $52,000. 87.54% of the stock is owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.1%

SPDR Bloomberg High Yield Bond ETF stock opened at $97.16 on Friday. The stock has a 50-day moving average price of $97.11 and a 200 day moving average price of $97.06. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $90.40 and a 52 week high of $98.24. The stock has a market cap of $8.13 billion, a PE ratio of 19.96 and a beta of 0.42.

About SPDR Bloomberg High Yield Bond ETF

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.