TMB Capital Partners LLC Invests $561,000 in SPDR Portfolio High Yield Bond ETF $SPHY

TMB Capital Partners LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 23,694 shares of the company’s stock, valued at approximately $561,000.

Several other large investors have also bought and sold shares of the business. Newbridge Financial Services Group Inc. raised its stake in SPDR Portfolio High Yield Bond ETF by 171.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after acquiring an additional 778 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter valued at approximately $38,000. Smartleaf Asset Management LLC increased its position in SPDR Portfolio High Yield Bond ETF by 301.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after purchasing an additional 1,262 shares in the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Arax Advisory Partners acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter valued at $53,000.

SPDR Portfolio High Yield Bond ETF Stock Up 0.3%

Shares of SPHY stock opened at $23.44 on Friday. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The stock’s fifty day simple moving average is $23.44 and its 200 day simple moving average is $23.55. The firm has a market capitalization of $10.50 billion, a P/E 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.