SPDR Portfolio High Yield Bond ETF (SPHY)
The Hidden Reason SPHY and SPYD Diverged So Sharply in 2026
Investors hunting for income in the SPDR Portfolio lineup often face a choice between two tickers that appear similar on the surface.
Apella Capital LLC Buys 246,737 Shares of SPDR Portfolio High Yield Bond ETF $SPHY
Apella Capital LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 15.9% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,803,063 shares of the company's stock after purchasing an additional 246,737 shares during the
Fifth Third Bancorp Raises Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY
Fifth Third Bancorp increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 1,238.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,304 shares of the company's stock after acquiring an additional 109,465 shares during
Dividend Safety Check: SPHY and High-Yield Bond Income
The SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) pays monthly distributions sourced from a basket of below-investment-grade corporate bonds, and it has done so without interruption since 2012.
HYBI: A Better Choice In 2026 Than Its Underlying ETFs SPHY, USHY And HYLB
NEOS Enhanced Income Credit Select ETF offers a ~8% monthly distribution by layering an S&P 500 index put options strategy over high-yield bond ETFs. HYBI's net yield advantage over its underlying ETFs is only 50-100 bps, largely offset by a much higher 0.68% expense ratio. The fund's value-add is regime-dependent: it outperforms in stable, elevated volatility but lags in credit stress or strong rallies due to option overlay constraints.
Advisors Capital Management LLC Has $75.43 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY
Advisors Capital Management LLC raised its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 5.3% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,186,914 shares of the company's stock after purchasing an additional 160,986 shares during the quarter.
SPHY: Excellent ETF, Wrong Time To Buy, Hold For Now
SPDR Portfolio High Yield Bond ETF (SPHY) is rated Hold due to compressed spreads and limited compensation for credit cycle risks. SPHY offers short 2.74-year duration, strong liquidity, and a 7% coupon, but current OAS of 267 bps leaves little margin for error. Base and bear scenarios show SPHY underperforming AGG, with risk/reward skewed negatively unless spreads tighten or the Fed pivots dovish.
SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Assetmark Inc.
Assetmark Inc. grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 14.1% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,206,990 shares of the company's stock after acquiring an additional
Apella Capital LLC Increases Stake in SPDR Portfolio High Yield Bond ETF $SPHY
Apella Capital LLC lifted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 65.6% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,181,289 shares of the company's stock after purchasing an additional 468,141 shares during the quarter. Apella Capital
SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Sees Large Decrease in Short Interest
SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 3,842,646 shares, a drop of 35.7% from the February 26th total of 5,979,671 shares. Approximately 0.9% of the company's shares
Bank of America Corp DE Boosts Holdings in SPDR Portfolio High Yield Bond ETF $SPHY
Bank of America Corp DE increased its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 10.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,649,901 shares of the company's stock after purchasing an additional
Compound Planning Inc. Purchases 65,796 Shares of SPDR Portfolio High Yield Bond ETF $SPHY
Compound Planning Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 35.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,471 shares of the company's stock after acquiring an additional 65,796 shares
Ameritas Advisory Services LLC Lowers Holdings in SPDR Portfolio High Yield Bond ETF $SPHY
Ameritas Advisory Services LLC lowered its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 94.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,204 shares of the company's stock after selling 67,964 shares during the period. Ameritas Advisory Services LLC's holdings
SPHY: A Weaker Dollar Could Deter Foreign Yield Chasers
State Street SPDR Portfolio High Yield Bond ETF offers broad high yield exposure with a very compelling 0.05% expense ratio. SPHY's 2.85-year duration creates notable sensitivity to yield changes driven by credit spreads and US rate shifts. Current macro uncertainty, especially labor market anxiety and Fed policy transition, somewhat clouds high-yield prospects despite the correlation between lower baseline rates and spreads.
Belpointe Asset Management LLC Has $24.24 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY
Belpointe Asset Management LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 20.2% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,012,704 shares of the company's stock after purchasing an additional 170,002 shares during
Arkadios Wealth Advisors Boosts Holdings in SPDR Portfolio High Yield Bond ETF $SPHY
Arkadios Wealth Advisors lifted its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 100.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 274,015 shares of the company's stock after buying an additional 137,436 shares during the
GatePass Capital LLC Acquires 38,350 Shares of SPDR Portfolio High Yield Bond ETF $SPHY
GatePass Capital LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 189.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,550 shares of the company's stock after buying an additional
Donoghue Forlines LLC Reduces Stake in SPDR Portfolio High Yield Bond ETF $SPHY
Donoghue Forlines LLC lowered its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 66.7% in the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 415,612 shares of the company's stock after selling 833,968 shares during the quarter. SPDR Portfolio
Commonwealth Equity Services LLC Has $6.81 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY
Commonwealth Equity Services LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 116.6% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,302 shares of the company's stock after acquiring an additional 153,035 shares during the
Farther Finance Advisors LLC Sells 919,192 Shares of SPDR Portfolio High Yield Bond ETF $SPHY
Farther Finance Advisors LLC lessened its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 67.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 439,739 shares of the company's stock after selling 919,192 shares during the period.