Waterloo Capital L.P. Grows Stock Holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Waterloo Capital L.P. grew its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 409,043 shares of the company’s stock after acquiring an additional 14,270 shares during the period. SPDR Portfolio High Yield Bond ETF comprises approximately 1.0% of Waterloo Capital L.P.’s holdings, making the stock its 27th biggest holding. Waterloo Capital L.P. owned about 0.20% of SPDR Portfolio High Yield Bond ETF worth $9,600,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SPHY. IHT Wealth Management LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at about $655,000. Continuum Advisory LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.1% during the third quarter. Continuum Advisory LLC now owns 29,528 shares of the company’s stock valued at $700,000 after purchasing an additional 1,162 shares during the period. JPMorgan Chase & Co. lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 767.6% during the third quarter. JPMorgan Chase & Co. now owns 224,311 shares of the company’s stock worth $5,395,000 after purchasing an additional 198,457 shares in the last quarter. Confluence Investment Management LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 3.6% in the fourth quarter. Confluence Investment Management LLC now owns 496,053 shares of the company’s stock valued at $11,642,000 after purchasing an additional 17,118 shares during the period. Finally, Iowa State Bank grew its holdings in SPDR Portfolio High Yield Bond ETF by 17.1% during the 4th quarter. Iowa State Bank now owns 432,819 shares of the company’s stock valued at $10,158,000 after purchasing an additional 63,296 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY stock opened at $22.67 on Friday. The company’s fifty day moving average price is $23.60 and its two-hundred day moving average price is $23.68. The firm has a market capitalization of $8.44 billion, a P/E ratio of 59.85 and a beta of 0.47. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.55 and a 12 month high of $24.07.

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.