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

Apella Capital LLC grew its stake in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 9.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,194 shares of the exchange traded fund’s stock after acquiring an additional 13,351 shares during the period. Apella Capital LLC owned 0.17% of SPDR Bloomberg High Yield Bond ETF worth $14,698,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Jane Street Group LLC lifted its stake in SPDR Bloomberg High Yield Bond ETF by 223.6% in the first quarter. Jane Street Group LLC now owns 2,545,240 shares of the exchange traded fund’s stock valued at $242,307,000 after acquiring an additional 1,758,741 shares during the last quarter. Arch Capital Group LTD. acquired a new position in shares of SPDR Bloomberg High Yield Bond ETF during the 1st quarter worth about $100,794,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of SPDR Bloomberg High Yield Bond ETF by 25.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,737,137 shares of the exchange traded fund’s stock valued at $259,047,000 after purchasing an additional 550,840 shares during the period. Dynasty Wealth Management LLC acquired a new stake in SPDR Bloomberg High Yield Bond ETF in the 1st quarter valued at about $46,519,000. Finally, Toews Corp ADV lifted its stake in SPDR Bloomberg High Yield Bond ETF by 65.9% in the 2nd quarter. Toews Corp ADV now owns 1,112,000 shares of the exchange traded fund’s stock valued at $104,828,000 after purchasing an additional 441,900 shares during the last quarter. Institutional investors own 87.54% of the company’s stock.

SPDR Bloomberg High Yield Bond ETF Stock Performance

NYSEARCA:JNK opened at $97.04 on Friday. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $97.90. The stock’s 50 day moving average price is $96.38 and its two-hundred day moving average price is $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.