Apella Capital LLC Buys 13,351 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Apella Capital LLC raised its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,194 shares of the exchange traded fund’s stock after acquiring an additional 13,351 shares during the quarter. Apella Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $14,698,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Redmont Wealth Advisors LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the second quarter worth $29,000. Olistico Wealth LLC bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the second quarter valued at about $35,000. Transcendent Capital Group LLC acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF in the fourth quarter valued at about $41,000. Finally, Beaird Harris Wealth Management LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the fourth quarter worth about $47,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Trading Down 0.2 %

Shares of SPDR Bloomberg High Yield Bond ETF stock opened at $97.04 on Friday. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $87.79 and a twelve month high of $97.90. The company has a 50-day simple moving average of $96.38 and a two-hundred day simple moving average of $95.03.

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.