Nwam LLC grew its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 87.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,916 shares of the company’s stock after buying an additional 25,682 shares during the quarter. Nwam LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,287,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in SPHY. Sei Investments Co. boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.7% in the 1st quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock worth $462,499,000 after buying an additional 1,061,796 shares in the last quarter. LPL Financial LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 12.3% during the 4th quarter. LPL Financial LLC now owns 8,802,613 shares of the company’s stock valued at $208,358,000 after acquiring an additional 967,530 shares in the last quarter. Ameriprise Financial Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 34.6% during the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after acquiring an additional 2,232,954 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in SPDR Portfolio High Yield Bond ETF by 0.6% during the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock worth $171,527,000 after acquiring an additional 46,030 shares during the last quarter. Finally, Ocean Park Asset Management LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 53.4% in the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock valued at $142,534,000 after purchasing an additional 2,116,024 shares in the last quarter.
SPDR Portfolio High Yield Bond ETF Price Performance
SPHY stock opened at $23.14 on Thursday. The company’s 50 day simple moving average is $23.30 and its 200-day simple moving average is $23.39. The firm has a market capitalization of $11.57 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month 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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