Rational Advisors Inc. Has $23.74 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Rational Advisors Inc. trimmed its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,002,765 shares of the company’s stock after selling 39,117 shares during the period. SPDR Portfolio High Yield Bond ETF makes up about 2.4% of Rational Advisors Inc.’s holdings, making the stock its 12th largest holding. Rational Advisors Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $23,735,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 10.5% during the 3rd 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 during the last quarter. Sei Investments Co. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 6.3% during the 3rd quarter. Sei Investments Co. now owns 17,822,858 shares of the company’s stock worth $426,678,000 after buying an additional 1,053,670 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 34.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after buying an additional 2,232,954 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.6% during the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock worth $171,527,000 after buying an additional 46,030 shares during the last quarter. Finally, US Bancorp DE boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 14.8% during the 4th quarter. US Bancorp DE now owns 6,510,583 shares of the company’s stock worth $154,106,000 after buying an additional 841,165 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.39 on Wednesday. The firm has a 50-day moving average of $23.41 and a 200-day moving average of $23.58. The company has a market cap of $10.47 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99.

SPDR Portfolio High Yield Bond ETF Company 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.