Apella Capital LLC Has $16.92 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Apella Capital LLC grew its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 54.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 713,148 shares of the company’s stock after purchasing an additional 251,412 shares during the period. Apella Capital LLC owned about 0.18% of SPDR Portfolio High Yield Bond ETF worth $16,923,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Cranbrook Wealth Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth approximately $26,000. Parallel Advisors LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at $29,000. Newbridge Financial Services Group Inc. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after acquiring an additional 778 shares in the last quarter. Alaska Permanent Capital Management LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 10,916.7% during the 2nd quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after acquiring an additional 1,310 shares in the last quarter. Finally, Grove Bank & Trust acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the second quarter worth $46,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SPHY opened at $23.67 on Friday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.21 and a 1 year high of $23.99. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The business has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $23.71.

SPDR Portfolio High Yield Bond ETF Company Profile

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.