rebel Financial LLC Acquires 139,865 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

rebel Financial LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 139,865 shares of the company’s stock, valued at approximately $3,160,000. SPDR Portfolio High Yield Bond ETF makes up approximately 1.3% of rebel Financial LLC’s investment portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. RHL Group LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 54.5% during the 3rd quarter. RHL Group LLC now owns 7,872 shares of the company’s stock worth $178,000 after buying an additional 2,777 shares in the last quarter. Almanack Investment Partners LLC. increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 18.9% during the third quarter. Almanack Investment Partners LLC. now owns 29,356 shares of the company’s stock valued at $663,000 after buying an additional 4,664 shares during the period. BCS Wealth Management increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 21.2% during the third quarter. BCS Wealth Management now owns 13,130 shares of the company’s stock valued at $297,000 after buying an additional 2,296 shares during the period. Shepherd Financial Partners LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter valued at $1,079,000. Finally, StoneX Group Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the third quarter valued at about $2,736,000.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $22.53 on Monday. The business has a 50-day moving average price of $22.74 and a 200 day moving average price of $23.26. The company has a market capitalization of $11.92 billion, a P/E ratio of 7.31 and a beta of 0.40. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.32 and a 1-year high of $23.86.

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.