Coppell Advisory Solutions LLC Takes $994,000 Position in SPDR Portfolio High Yield Bond ETF $SPHY

Coppell Advisory Solutions LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 42,398 shares of the company’s stock, valued at approximately $994,000.

A number of other large investors have also added to or reduced their stakes in SPHY. MCF Advisors LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 0.4% during the 4th quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock worth $2,820,000 after acquiring an additional 509 shares during the period. BlueStem Wealth Partners LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 4.6% during the 4th quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock valued at $290,000 after acquiring an additional 540 shares during the period. Laurel Oak Wealth Management LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.9% during the 1st quarter. Laurel Oak Wealth Management LLC now owns 13,152 shares of the company’s stock worth $307,000 after purchasing an additional 609 shares in the last quarter. Portland Financial Advisors Inc grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.1% during the 4th quarter. Portland Financial Advisors Inc now owns 20,286 shares of the company’s stock worth $480,000 after purchasing an additional 618 shares in the last quarter. Finally, Physician Wealth Advisors Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the first quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after purchasing an additional 623 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $23.14 on Thursday. The company has a market cap of $11.57 billion, a PE ratio of 7.31 and a beta of 0.38. The business has a 50-day simple moving average of $23.30 and a 200 day simple moving average of $23.39. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99.

SPDR Portfolio High Yield Bond ETF 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.