MGO One Seven LLC reduced its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 3.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 615,651 shares of the company’s stock after selling 24,023 shares during the period. MGO One Seven LLC owned 0.14% of SPDR Portfolio High Yield Bond ETF worth $14,572,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in SPHY. Bank of America Corp DE increased its position in SPDR Portfolio High Yield Bond ETF by 10.5% during the third quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock worth $1,068,919,000 after buying an additional 4,256,596 shares during the period. Asset Management One Co. Ltd. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at approximately $85,587,000. Advisors Capital Management LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth approximately $72,441,000. Ameriprise Financial Inc. grew its position in shares of SPDR Portfolio High Yield Bond ETF by 34.6% during the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after acquiring an additional 2,232,954 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 148,527.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock valued at $26,188,000 after acquiring an additional 1,093,159 shares during the period.
SPDR Portfolio High Yield Bond ETF Price Performance
SPHY stock opened at $23.40 on Friday. The company has a fifty day moving average price of $23.42 and a 200 day moving average price of $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 cap of $10.48 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.
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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