Capital Analysts LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 7.7% during the second quarter, Holdings Channel reports. The fund owned 2,566,978 shares of the company’s stock after acquiring an additional 183,732 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises about 1.4% of Capital Analysts LLC’s holdings, making the stock its 14th biggest holding. Capital Analysts LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $60,170,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the business. Stonebridge Financial Planning Group LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 15.6% in the 4th quarter. Stonebridge Financial Planning Group LLC now owns 233,574 shares of the company’s stock valued at $5,529,000 after buying an additional 31,497 shares during the last quarter. VanderPol Investments L.L.C. lifted its position in SPDR Portfolio High Yield Bond ETF by 30.5% during the fourth quarter. VanderPol Investments L.L.C. now owns 94,649 shares of the company’s stock worth $2,240,000 after acquiring an additional 22,145 shares during the last quarter. Gambit Capital Management LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter worth approximately $557,000. HighTower Advisors LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 212.9% in the 4th quarter. HighTower Advisors LLC now owns 274,198 shares of the company’s stock valued at $6,490,000 after purchasing an additional 186,563 shares during the period. Finally, Stephens Inc. AR increased its position in SPDR Portfolio High Yield Bond ETF by 24.2% during the 4th quarter. Stephens Inc. AR now owns 153,550 shares of the company’s stock worth $3,635,000 after buying an additional 29,942 shares during the period.
SPDR Portfolio High Yield Bond ETF Stock Performance
NYSEARCA:SPHY opened at $23.14 on Wednesday. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The firm’s 50-day simple moving average is $23.28 and its 200 day simple moving average is $23.37. The firm has a market cap of $11.57 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.
About SPDR Portfolio High Yield Bond ETF
The SPDR Portfolio High Yield Bond ETF (SPHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund tracks an index that measures the performance of USD-denominated junk bonds. SPHY was launched on Jun 18, 2012 and is managed by State Street.
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