SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Stephens Inc. AR

Stephens Inc. AR boosted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 52.9% in the 3rd quarter, Holdings Channel reports. The firm owned 123,608 shares of the company’s stock after acquiring an additional 42,769 shares during the quarter. Stephens Inc. AR’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,959,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHY. Cranbrook Wealth Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter valued at about $26,000. Parallel Advisors LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $29,000. Newbridge Financial Services Group Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after acquiring an additional 778 shares during the last quarter. Alaska Permanent Capital Management LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 10,916.7% in the 2nd quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock worth $31,000 after purchasing an additional 1,310 shares in the last quarter. Finally, Grove Bank & Trust purchased a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth approximately $46,000.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $23.81 on Friday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.21 and a 1 year high of $23.99. The firm has a market capitalization of $10.87 billion, a PE ratio of 7.31 and a beta of 0.39. The business has a 50 day simple moving average of $23.70 and a 200-day simple moving average of $23.73.

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.