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

Rational Advisors Inc. decreased its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 3.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 2.4% of Rational Advisors Inc.’s portfolio, making the stock its 12th largest position. Rational Advisors Inc. owned approximately 0.23% of SPDR Portfolio High Yield Bond ETF worth $23,735,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPHY. Bank of America Corp DE grew its holdings 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 valued at $1,068,919,000 after buying an additional 4,256,596 shares during the period. Asset Management One Co. Ltd. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $85,587,000. Advisors Capital Management LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at $72,441,000. Ameriprise Financial Inc. grew its holdings 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 valued at $207,971,000 after buying an additional 2,232,954 shares during the period. Finally, Franklin Resources Inc. boosted its stake in 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 purchasing an additional 1,093,159 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.1%

SPHY stock opened at $23.39 on Wednesday. The stock has a 50-day moving average price of $23.41 and a two-hundred day moving average price of $23.58. The stock has a market cap of $10.47 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year 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.