SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Waterloo Capital L.P.

Waterloo Capital L.P. increased its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 15.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 405,238 shares of the company’s stock after buying an additional 53,439 shares during the quarter. Waterloo Capital L.P.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $9,701,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPHY. Integrated Wealth Concepts LLC raised its position in SPDR Portfolio High Yield Bond ETF by 7.2% in the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after acquiring an additional 745 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $250,000. Optas LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 8.8% in the 2nd quarter. Optas LLC now owns 64,419 shares of the company’s stock worth $1,533,000 after purchasing an additional 5,203 shares during the last quarter. Cornerstone Enterprises LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.7% in the 2nd quarter. Cornerstone Enterprises LLC now owns 1,714,236 shares of the company’s stock worth $40,799,000 after purchasing an additional 29,303 shares in the last quarter. Finally, Blair William & Co. IL lifted its stake in SPDR Portfolio High Yield Bond ETF by 429.0% during the second quarter. Blair William & Co. IL now owns 7,983 shares of the company’s stock valued at $190,000 after purchasing an additional 6,474 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SPHY opened at $23.64 on Friday. The stock has a market capitalization of $10.45 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99. The company has a 50 day moving average price of $23.73 and a 200 day moving average price of $23.75.

SPDR Portfolio High Yield Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.1379 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date was Monday, February 2nd.

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.