335,724 SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Apella Capital LLC

Apella Capital LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 18.6% in the third quarter, Holdings Channel.com reports. The firm owned 2,138,787 shares of the company’s stock after purchasing an additional 335,724 shares during the quarter. Apella Capital LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $48,230,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Veery Capital LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 5.8% in the third quarter. Veery Capital LLC now owns 123,883 shares of the company’s stock worth $2,799,000 after purchasing an additional 6,803 shares during the last quarter. Winebrenner Capital Management LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 12.3% during the third quarter. Winebrenner Capital Management LLC now owns 42,213 shares of the company’s stock valued at $954,000 after buying an additional 4,635 shares during the last quarter. Exchange Bank raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 16.2% in the third quarter. Exchange Bank now owns 58,565 shares of the company’s stock worth $1,323,000 after buying an additional 8,170 shares during the period. SigFig Wealth Management LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 15.2% in the third quarter. SigFig Wealth Management LLC now owns 303,575 shares of the company’s stock worth $6,858,000 after buying an additional 39,963 shares during the period. Finally, American National Bank & Trust bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter worth approximately $181,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.2%

Shares of SPHY stock traded down $0.04 on Thursday, reaching $22.52. 2,753,282 shares of the company’s stock were exchanged, compared to its average volume of 5,906,286. The company’s fifty day simple moving average is $23.07 and its 200 day simple moving average is $23.27. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.32 and a 52 week high of $23.95. The stock has a market capitalization of $11.81 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.