Park Avenue Securities LLC acquired a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund acquired 38,764 shares of the company’s stock, valued at approximately $876,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter worth approximately $171,715,000. Leslie Global Wealth LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 75.9% in the 3rd quarter. Leslie Global Wealth LLC now owns 32,035 shares of the company’s stock valued at $724,000 after purchasing an additional 13,822 shares during the period. Flagship Harbor Advisors LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 20.3% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 136,861 shares of the company’s stock valued at $3,092,000 after purchasing an additional 23,075 shares during the period. Leo Wealth LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF during the third quarter worth $282,000. Finally, Morton Brown Family Wealth LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 122.8% during the third quarter. Morton Brown Family Wealth LLC now owns 19,910 shares of the company’s stock worth $450,000 after buying an additional 10,972 shares in the last quarter.
SPDR Portfolio High Yield Bond ETF Stock Performance
Shares of NYSEARCA SPHY opened at $22.44 on Wednesday. The company has a market capitalization of $11.83 billion, a PE ratio of 7.31 and a beta of 0.40. The company’s fifty day moving average price is $22.79 and its 200 day moving average price is $23.28. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.86.
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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Want to see what other hedge funds are holding SPHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report).
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