SPDR Portfolio High Yield Bond ETF $SPHY Shares Acquired by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC increased its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 47.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 132,887 shares of the company’s stock after buying an additional 42,698 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises 1.3% of Stonebridge Financial Planning Group LLC’s portfolio, making the stock its 16th largest position. Stonebridge Financial Planning Group LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,163,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SPHY. Grimes & Company Inc. acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at approximately $166,945,000. Municipal Employees Retirement System of Michigan grew its stake in SPDR Portfolio High Yield Bond ETF by 362.5% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 5,954,325 shares of the company’s stock valued at $139,451,000 after purchasing an additional 4,666,949 shares in the last quarter. Ameriprise Financial Inc. grew its stake in SPDR Portfolio High Yield Bond ETF by 24.1% during the 1st quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock valued at $191,695,000 after purchasing an additional 1,587,936 shares in the last quarter. Toews Corp ADV acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at about $23,498,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at about $20,056,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.57 on Wednesday. The firm has a market cap of $9.94 billion, a PE ratio of 7.31 and a beta of 0.39. The firm’s 50-day simple moving average is $23.82 and its 200-day simple moving average is $23.62. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.21 and a 1 year high of $23.99.

SPDR Portfolio High Yield Bond ETF Company 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.