SBI Securities Co. Ltd. grew its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 27.7% during the 3rd quarter, Holdings Channel reports. The firm owned 119,372 shares of the company’s stock after purchasing an additional 25,916 shares during the period. SBI Securities Co. Ltd.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,697,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the stock. Sei Investments Co. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 5.7% in the first quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock valued at $462,499,000 after purchasing an additional 1,061,796 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 37.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,981,977 shares of the company’s stock valued at $163,658,000 after buying an additional 1,903,466 shares during the period. Ocean Park Asset Management LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 53.4% during the 2nd quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock worth $142,534,000 after buying an additional 2,116,024 shares during the period. Cetera Investment Advisers grew its stake in SPDR Portfolio High Yield Bond ETF by 68.1% in the first quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after acquiring an additional 1,441,014 shares during the period. Finally, NEOS Investment Management LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter worth about $69,777,000.
SPDR Portfolio High Yield Bond ETF Stock Performance
NYSEARCA SPHY traded down $0.01 during trading on Friday, hitting $22.49. The stock had a trading volume of 4,190,490 shares, compared to its average volume of 5,812,617. The company has a market capitalization of $11.71 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.32 and a 12 month high of $23.95. The company’s 50-day moving average price is $22.89 and its two-hundred day moving average price is $23.21.
SPDR Portfolio High Yield Bond ETF 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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