SBI Securities Co. Ltd. Has $1.77 Million Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

SBI Securities Co. Ltd. grew its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 36.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 74,282 shares of the company’s stock after acquiring an additional 19,951 shares during the period. SBI Securities Co. Ltd.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,768,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of SPHY. Grimes & Company Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth about $166,945,000. Municipal Employees Retirement System of Michigan boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 362.5% during the first quarter. Municipal Employees Retirement System of Michigan now owns 5,954,325 shares of the company’s stock valued at $139,451,000 after purchasing an additional 4,666,949 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 24.1% during the first quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock worth $191,695,000 after purchasing an additional 1,587,936 shares during the last quarter. Toews Corp ADV bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth about $23,498,000. Finally, Belpointe Asset Management LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the second quarter valued at approximately $20,056,000.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.69 on Thursday. The firm’s 50 day simple moving average is $23.80 and its 200 day simple moving average is $23.64. SPDR Portfolio High Yield Bond ETF has a one year low of $22.21 and a one year high of $23.99. The company has a market cap of $9.99 billion, a PE ratio of 7.31 and a beta of 0.39.

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.