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

Apella Capital LLC trimmed its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 4.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 144,371 shares of the exchange traded fund’s stock after selling 6,823 shares during the period. Apella Capital LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $13,783,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in 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 valued at $222,177,000 after acquiring an additional 8,872,450 shares during the last quarter. World Investment Advisors LLC lifted its position in shares of SPDR Bloomberg High Yield Bond ETF by 90,838.6% during the third quarter. World Investment Advisors LLC now owns 1,966,093 shares of the exchange traded fund’s stock worth $192,264,000 after purchasing an additional 1,963,931 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 401.4% during the third quarter. BNP Paribas Financial Markets now owns 776,841 shares of the exchange traded fund’s stock valued at $75,967,000 after purchasing an additional 621,906 shares during the period. Aristotle Pacific Capital LLC grew its holdings in shares of 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 purchasing an additional 184,263 shares during the last quarter. Finally, Sei Investments Co. increased its stake in SPDR Bloomberg High Yield Bond ETF by 562.5% in the 2nd quarter. Sei Investments Co. now owns 212,000 shares of the exchange traded fund’s stock worth $19,985,000 after buying an additional 180,000 shares during the period. 87.54% of the stock is owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Trading Up 0.1 %

Shares of JNK opened at $95.38 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 1-year low of $92.47 and a 1-year high of $97.90. The company has a 50-day moving average of $96.28 and a 200 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.