Apella Capital LLC Purchases 375,037 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Apella Capital LLC raised its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 31.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,556,326 shares of the company’s stock after buying an additional 375,037 shares during the quarter. Apella Capital LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $36,760,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPHY. Bank of America Corp DE grew its stake in SPDR Portfolio High Yield Bond ETF by 10.5% during the third quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock worth $1,068,919,000 after buying an additional 4,256,596 shares in the last quarter. Asset Management One Co. Ltd. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at approximately $85,587,000. Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 34.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock valued at $207,971,000 after buying an additional 2,232,954 shares in the last quarter. Franklin Resources Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 148,527.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock valued at $26,188,000 after buying an additional 1,093,159 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 8,673.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,070,300 shares of the company’s stock worth $25,334,000 after acquiring an additional 1,058,100 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Down 0.0%

NYSEARCA SPHY opened at $23.40 on Thursday. The firm has a market capitalization of $10.48 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The firm’s 50 day simple moving average is $23.44 and its 200 day simple moving average is $23.54. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99.

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.