Apella Capital LLC Increases Stake in SPDR Portfolio High Yield Bond ETF $SPHY

Apella Capital LLC lifted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 65.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,181,289 shares of the company’s stock after purchasing an additional 468,141 shares during the quarter. Apella Capital LLC owned about 0.26% of SPDR Portfolio High Yield Bond ETF worth $27,961,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Sound Income Strategies LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 50.6% in the 4th quarter. Sound Income Strategies LLC now owns 243,962 shares of the company’s stock valued at $5,809,000 after purchasing an additional 81,990 shares during the last quarter. Austin Private Wealth LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 11.5% in the 4th quarter. Austin Private Wealth LLC now owns 90,016 shares of the company’s stock worth $2,131,000 after buying an additional 9,253 shares during the period. Realta Investment Advisors increased its holdings in SPDR Portfolio High Yield Bond ETF by 63.3% in the 4th quarter. Realta Investment Advisors now owns 6,613 shares of the company’s stock worth $157,000 after buying an additional 2,564 shares during the period. Sovran Advisors LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 23.9% in the 4th quarter. Sovran Advisors LLC now owns 64,113 shares of the company’s stock worth $1,526,000 after buying an additional 12,361 shares during the period. Finally, Arvest Investments Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 12.6% in the 4th quarter. Arvest Investments Inc. now owns 189,038 shares of the company’s stock worth $4,475,000 after buying an additional 21,101 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2%

Shares of NYSEARCA:SPHY opened at $23.34 on Tuesday. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The company’s 50 day moving average is $23.52 and its 200 day moving average is $23.66. The company has a market cap of $10.10 billion, a PE ratio of 7.31 and a beta of 0.39.

SPDR Portfolio High Yield Bond ETF 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.