Apollon Wealth Management LLC Increases Stock Position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Apollon Wealth Management LLC boosted its position in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 1.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,729 shares of the exchange traded fund’s stock after purchasing an additional 1,184 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $9,213,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV lifted its position in SPDR Bloomberg High Yield Bond ETF by 1.2% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,427 shares of the exchange traded fund’s stock valued at $988,000 after purchasing an additional 126 shares in the last quarter. Founders Financial Securities LLC raised its position in shares of SPDR Bloomberg High Yield Bond ETF by 2.8% during the 1st quarter. Founders Financial Securities LLC now owns 4,831 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 130 shares during the period. Azimuth Capital Investment Management LLC lifted its stake in shares of SPDR Bloomberg High Yield Bond ETF by 6.2% during the 4th quarter. Azimuth Capital Investment Management LLC now owns 2,449 shares of the exchange traded fund’s stock valued at $232,000 after buying an additional 143 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in SPDR Bloomberg High Yield Bond ETF by 3.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,454 shares of the exchange traded fund’s stock worth $420,000 after buying an additional 152 shares during the period. Finally, Petix & Botte Co increased its stake in SPDR Bloomberg High Yield Bond ETF by 5.4% in the 4th quarter. Petix & Botte Co now owns 3,088 shares of the exchange traded fund’s stock worth $293,000 after buying an additional 157 shares in the last quarter. 87.54% of the stock is currently owned by institutional investors.

SPDR Bloomberg High Yield Bond ETF Price Performance

Shares of SPDR Bloomberg High Yield Bond ETF stock traded up $0.14 during trading hours on Monday, hitting $96.32. The company’s stock had a trading volume of 1,739,378 shares, compared to its average volume of 4,632,039. The business has a 50 day moving average price of $94.86 and a two-hundred day moving average price of $94.45. SPDR Bloomberg High Yield Bond ETF has a 12-month low of $87.79 and a 12-month high of $96.36.

SPDR Bloomberg High Yield Bond ETF Company 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.