Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $678,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Latitude Advisors LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at approximately $26,000. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth approximately $35,000. Brown Lisle Cummings Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1,232.3% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 2,065 shares of the company’s stock worth $48,000 after purchasing an additional 1,910 shares during the period. Atomic Invest LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 35.0% during the 2nd quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock valued at $67,000 after purchasing an additional 737 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new position in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at approximately $91,000.
SPDR Portfolio High Yield Bond ETF Stock Performance
NYSEARCA SPHY opened at $22.53 on Monday. The business’s 50 day moving average price is $22.74 and its 200-day moving average price is $23.26. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.32 and a fifty-two week high of $23.86. The company has a market cap of $11.92 billion, a P/E ratio of 7.31 and a beta of 0.40.
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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