Ocean Park Asset Management LLC increased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 1.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,964,799 shares of the company’s stock after purchasing an additional 52,573 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for 4.6% of Ocean Park Asset Management LLC’s holdings, making the stock its 6th biggest position. Ocean Park Asset Management LLC owned about 0.90% of SPDR Portfolio High Yield Bond ETF worth $92,459,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in SPHY. Integrated Wealth Concepts LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after buying an additional 745 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 5.5% in the second quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock valued at $8,098,000 after buying an additional 17,658 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.6% in the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock valued at $21,498,000 after buying an additional 5,169 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 71.2% in the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock valued at $240,000 after buying an additional 4,198 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% during the 2nd quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock valued at $1,637,000 after acquiring an additional 3,481 shares during the last quarter.
SPDR Portfolio High Yield Bond ETF Stock Performance
Shares of NYSEARCA:SPHY opened at $23.44 on Monday. The company has a market capitalization of $10.50 billion, a PE ratio of 7.31 and a beta of 0.38. The stock has a fifty day moving average of $23.44 and a 200-day moving average of $23.55. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year 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.
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