Vantagepoint Investment Advisers LLC Sells 150,000 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Vantagepoint Investment Advisers LLC lessened its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,414,670 shares of the company’s stock after selling 150,000 shares during the quarter. Vantagepoint Investment Advisers LLC owned about 1.68% of SPDR Portfolio High Yield Bond ETF worth $175,505,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Auour Investments LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 207.7% in the third quarter. Auour Investments LLC now owns 70,906 shares of the company’s stock worth $1,697,000 after purchasing an additional 47,862 shares during the period. GatePass Capital LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 189.9% in the third quarter. GatePass Capital LLC now owns 58,550 shares of the company’s stock worth $1,402,000 after purchasing an additional 38,350 shares during the period. Commonwealth Equity Services LLC grew its holdings in SPDR Portfolio High Yield Bond ETF by 116.6% in the third quarter. Commonwealth Equity Services LLC now owns 284,302 shares of the company’s stock worth $6,806,000 after purchasing an additional 153,035 shares during the period. 49 Wealth Management LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the third quarter valued at approximately $5,749,000. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 378.6% during the third quarter. Concurrent Investment Advisors LLC now owns 125,699 shares of the company’s stock valued at $3,009,000 after buying an additional 99,433 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.62 on Monday. The company’s 50 day moving average price is $23.47 and its 200-day moving average price is $23.64. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.80 and a 52 week high of $23.99. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40.

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.