Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Get Free Report) saw an uptick in trading volume on Thursday . Approximately 14,952,438 shares were traded during trading, an increase of 162% from the previous session’s volume of 5,712,888 shares.The stock last traded at $23.26 and had previously closed at $23.19.
SPDR Portfolio High Yield Bond ETF Price Performance
The firm has a 50-day moving average of $23.36 and a 200 day moving average of $23.48. The stock has a market capitalization of $11.63 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.
Institutional Investors Weigh In On SPDR Portfolio High Yield Bond ETF
Several large investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter worth about $38,000. Smartleaf Asset Management LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 301.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after purchasing an additional 1,262 shares during the period. Physician Wealth Advisors Inc. raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock valued at $41,000 after purchasing an additional 623 shares during the period. Finally, Allworth Financial LP lifted its stake in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares during the last quarter.
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.
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