Choreo LLC boosted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 58.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 711,528 shares of the company’s stock after acquiring an additional 261,628 shares during the period. Choreo LLC owned 0.14% of SPDR Portfolio High Yield Bond ETF worth $16,073,000 as of its most recent filing with the SEC.
Other hedge funds have also added to or reduced their stakes in the company. Bright Futures Wealth Management LLC. increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 3.1% during the 3rd quarter. Bright Futures Wealth Management LLC. now owns 16,217 shares of the company’s stock worth $366,000 after purchasing an additional 486 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.3% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 15,251 shares of the company’s stock worth $345,000 after purchasing an additional 488 shares during the period. Lynx Investment Advisory raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 3.4% in the 3rd quarter. Lynx Investment Advisory now owns 17,375 shares of the company’s stock worth $393,000 after purchasing an additional 579 shares during the period. Physician Wealth Advisors Inc. lifted its stake in SPDR Portfolio High Yield Bond ETF by 54.7% in the first 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 last quarter. Finally, PMG Family Office LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 7.1% in the third quarter. PMG Family Office LLC now owns 11,026 shares of the company’s stock valued at $249,000 after purchasing an additional 729 shares during the last quarter.
SPDR Portfolio High Yield Bond ETF Trading Down 0.1%
Shares of NYSEARCA SPHY opened at $22.64 on Friday. The stock has a fifty day simple moving average of $22.84 and a two-hundred day simple moving average of $23.30. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.32 and a 1-year high of $23.86. The firm has a market cap of $11.86 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.
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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