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

Apella Capital LLC decreased its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 72,665 shares of the exchange traded fund’s stock after selling 8,145 shares during the period. Apella Capital LLC owned approximately 0.09% of SPDR Bloomberg High Yield Bond ETF worth $7,064,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Caitlin John LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $29,000. Brown Brothers Harriman & Co. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $35,000. Olistico Wealth LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $36,000. First Community Trust NA acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the third quarter worth about $39,000. Finally, Pacifica Partners Inc. boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 310.0% during the fourth quarter. Pacifica Partners Inc. now owns 410 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 310 shares during the period. Institutional investors and hedge funds own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

Shares of JNK opened at $95.91 on Tuesday. SPDR Bloomberg High Yield Bond ETF has a fifty-two week low of $90.40 and a fifty-two week high of $98.24. The company has a market capitalization of $6.99 billion, a price-to-earnings ratio of 19.96 and a beta of 0.42. The firm has a 50-day simple moving average of $96.57 and a 200-day simple moving average of $97.05.

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.