Optas LLC Buys 72,130 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Optas LLC boosted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 37.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 263,644 shares of the company’s stock after acquiring an additional 72,130 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for 1.0% of Optas LLC’s portfolio, making the stock its 17th largest position. Optas LLC owned approximately 0.06% of SPDR Portfolio High Yield Bond ETF worth $6,240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after acquiring an additional 778 shares during the last quarter. Fourth Dimension Wealth LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 89.2% in the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after acquiring an additional 633 shares during the last quarter. Allworth Financial LP increased its position in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% in the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares during the last quarter. Golden State Wealth Management LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 100.5% in the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after acquiring an additional 1,114 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at about $67,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.60 on Tuesday. The stock’s 50-day simple moving average is $23.47 and its 200 day simple moving average is $23.63. The company has a market cap of $10.47 billion, a P/E ratio of 7.31 and a beta of 0.40. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.80 and a 52-week high of $23.99.

SPDR Portfolio High Yield Bond ETF Company 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.