Maia Wealth LLC Raises Stock Position in SPDR Portfolio High Yield Bond ETF $SPHY

Maia Wealth LLC lifted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 47.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 151,794 shares of the company’s stock after buying an additional 48,811 shares during the period. Maia Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,598,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPHY. Bank of America Corp DE grew its position in shares of SPDR Portfolio High Yield Bond ETF by 10.5% in 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. Asset Management One Co. Ltd. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter worth approximately $85,587,000. Advisors Capital Management LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth approximately $72,441,000. Ameriprise Financial Inc. grew 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 worth $207,971,000 after buying an additional 2,232,954 shares during the last quarter. Finally, Franklin Resources Inc. grew 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 worth $26,188,000 after buying an additional 1,093,159 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Down 0.3%

SPHY stock opened at $23.37 on Thursday. The firm has a 50 day moving average of $23.44 and a 200 day moving average of $23.55. The stock has a market capitalization of $10.47 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99.

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.