Apella Capital LLC Sells 6,823 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Apella Capital LLC cut its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 144,371 shares of the exchange traded fund’s stock after selling 6,823 shares during the period. Apella Capital LLC owned about 0.17% of SPDR Bloomberg High Yield Bond ETF worth $13,783,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in JNK. Assetmark Inc. grew its position in SPDR Bloomberg High Yield Bond ETF by 4.1% in the third quarter. Assetmark Inc. now owns 4,446,240 shares of the exchange traded fund’s stock worth $434,798,000 after acquiring an additional 174,815 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 134.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,271,978 shares of the exchange traded fund’s stock worth $222,177,000 after purchasing an additional 8,872,450 shares during the period. World Investment Advisors LLC increased its position in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the 3rd quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock valued at $192,264,000 after purchasing an additional 1,963,931 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in SPDR Bloomberg High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,376,590 shares of the exchange traded fund’s stock valued at $134,617,000 after buying an additional 165,682 shares during the period. Finally, Aristotle Pacific Capital LLC lifted its position in SPDR Bloomberg High Yield Bond ETF by 26.5% in the third quarter. Aristotle Pacific Capital LLC now owns 879,954 shares of the exchange traded fund’s stock worth $86,051,000 after buying an additional 184,263 shares during the last quarter. 87.54% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Up 0.1 %

NYSEARCA JNK opened at $95.38 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52 week low of $92.47 and a 52 week high of $97.90. The company has a fifty day moving average of $96.28 and a two-hundred day moving average of $96.19.

SPDR Bloomberg High Yield Bond ETF 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.