Apollon Financial LLC Acquires 334 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Apollon Financial LLC raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 5.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,732 shares of the exchange traded fund’s stock after acquiring an additional 334 shares during the period. Apollon Financial LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $658,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JNK. Redmont Wealth Advisors LLC bought a new position in SPDR Bloomberg High Yield Bond ETF during the second quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new stake in SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $29,000. Creative Financial Designs Inc. ADV bought a new stake in shares of SPDR Bloomberg High Yield Bond ETF in the third quarter worth about $30,000. Olistico Wealth LLC bought a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter valued at about $35,000. Finally, Blue Trust Inc. increased its stake in SPDR Bloomberg High Yield Bond ETF by 235.5% during the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 285 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Stock Down 0.1 %

Shares of JNK opened at $97.01 on Tuesday. The firm’s 50 day moving average price is $96.84 and its two-hundred day moving average price is $95.54. SPDR Bloomberg High Yield Bond ETF has a twelve month low of $90.38 and a twelve month high of $97.90.

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.