Bensler LLC Trims Position in SPDR Portfolio High Yield Bond ETF $SPHY

Bensler LLC decreased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 5.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 570,915 shares of the company’s stock after selling 34,829 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up 1.4% of Bensler LLC’s holdings, making the stock its 25th largest holding. Bensler LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $13,514,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Aspire Private Capital LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 1.6% in the 4th quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock worth $664,000 after buying an additional 435 shares in the last quarter. PFG Investments LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.3% in the fourth quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock valued at $208,000 after acquiring an additional 440 shares in the last quarter. Inscription Capital LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.5% in the third quarter. Inscription Capital LLC now owns 29,907 shares of the company’s stock worth $716,000 after acquiring an additional 454 shares during the period. Cumberland Partners Ltd grew its position in shares of SPDR Portfolio High Yield Bond ETF by 4.5% during the third quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock worth $260,000 after purchasing an additional 466 shares in the last quarter. Finally, Lynx Investment Advisory grew its position in shares of SPDR Portfolio High Yield Bond ETF by 4.3% during the third quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock worth $302,000 after purchasing an additional 522 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Up 0.3%

Shares of SPHY opened at $23.47 on Friday. The business’s 50 day moving average is $23.42 and its 200 day moving average is $23.62. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99. The company has a market capitalization of $10.51 billion, a PE ratio of 7.31 and a beta of 0.38.

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.