Waterloo Capital L.P. Has $3.39 Million Position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)

Waterloo Capital L.P. cut its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 41.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 146,061 shares of the company’s stock after selling 102,988 shares during the quarter. Waterloo Capital L.P. owned approximately 0.07% of SPDR Portfolio High Yield Bond ETF worth $3,393,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 4.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 690,144 shares of the company’s stock worth $16,032,000 after acquiring an additional 28,685 shares during the last quarter. One Capital Management LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.5% in the second quarter. One Capital Management LLC now owns 668,117 shares of the company’s stock valued at $15,520,000 after purchasing an additional 9,996 shares in the last quarter. Hilltop Partners LLC raised its position in SPDR Portfolio High Yield Bond ETF by 24.5% in the 2nd quarter. Hilltop Partners LLC now owns 659,735 shares of the company’s stock worth $15,326,000 after purchasing an additional 129,795 shares during the last quarter. NewSquare Capital LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 2.4% during the 2nd quarter. NewSquare Capital LLC now owns 426,741 shares of the company’s stock worth $9,913,000 after buying an additional 9,942 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in SPDR Portfolio High Yield Bond ETF by 42.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 272,219 shares of the company’s stock valued at $6,272,000 after buying an additional 80,943 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA SPHY opened at $23.91 on Wednesday. The stock has a market capitalization of $4.85 billion, a P/E ratio of 3.97 and a beta of 0.34. SPDR Portfolio High Yield Bond ETF has a 52 week low of $21.80 and a 52 week high of $23.95. The stock has a fifty day moving average of $23.58 and a 200-day moving average of $23.34.

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.