SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Position Lifted by Waterloo Capital L.P.

Waterloo Capital L.P. grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 409,043 shares of the company’s stock after purchasing an additional 14,270 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up about 1.0% of Waterloo Capital L.P.’s holdings, making the stock its 27th largest position. Waterloo Capital L.P.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $9,600,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SPHY. Hurlow Wealth Management Group Inc. lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 4.7% during the fourth quarter. Hurlow Wealth Management Group Inc. now owns 152,371 shares of the company’s stock worth $3,576,000 after purchasing an additional 6,824 shares during the last quarter. Godshalk Welsh Capital Management Inc. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 17.2% during the 4th quarter. Godshalk Welsh Capital Management Inc. now owns 26,725 shares of the company’s stock worth $627,000 after buying an additional 3,925 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 40.0% during the 4th quarter. JPMorgan Chase & Co. now owns 313,992 shares of the company’s stock worth $7,369,000 after buying an additional 89,681 shares during the last quarter. Ariadne Wealth Management LP grew its position in shares of SPDR Portfolio High Yield Bond ETF by 7.9% in the 4th quarter. Ariadne Wealth Management LP now owns 12,363 shares of the company’s stock worth $293,000 after acquiring an additional 907 shares in the last quarter. Finally, Lynx Investment Advisory increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.9% in the 4th quarter. Lynx Investment Advisory now owns 12,810 shares of the company’s stock valued at $301,000 after acquiring an additional 476 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $22.67 on Friday. The stock has a market capitalization of $8.44 billion, a PE ratio of 59.85 and a beta of 0.47. The business’s fifty day moving average price is $23.60 and its 200 day moving average price is $23.68. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.55 and a 12-month high of $24.07.

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.