Fifth Third Securities Inc. Purchases New Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Fifth Third Securities Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 364,743 shares of the company’s stock, valued at approximately $8,240,000. Fifth Third Securities Inc. owned about 0.07% of SPDR Portfolio High Yield Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sei Investments Co. increased its stake 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 worth $462,499,000 after acquiring an additional 1,061,796 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 37.5% during the second quarter. Envestnet Asset Management Inc. now owns 6,981,977 shares of the company’s stock worth $163,658,000 after purchasing an additional 1,903,466 shares during the last quarter. Ocean Park Asset Management LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 53.4% during 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 during the period. Cetera Investment Advisers lifted its position in SPDR Portfolio High Yield Bond ETF by 68.1% during the first quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after purchasing an additional 1,441,014 shares during the period. Finally, NEOS Investment Management LLC acquired a new position in SPDR Portfolio High Yield Bond ETF during the second quarter valued at $69,777,000.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY traded up $0.04 during mid-day trading on Wednesday, hitting $22.48. The company’s stock had a trading volume of 1,975,724 shares, compared to its average volume of 5,823,258. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.95. The stock has a market cap of $11.69 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The business’s fifty day moving average is $22.94 and its two-hundred day moving average is $23.23.

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.