SPDR Portfolio High Yield Bond ETF $SPHY Stock Bought by Iowa State Bank

Iowa State Bank raised its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,535,008 shares of the company’s stock after acquiring an additional 99,435 shares during the period. SPDR Portfolio High Yield Bond ETF makes up approximately 5.6% of Iowa State Bank’s investment portfolio, making the stock its 2nd largest position. Iowa State Bank’s holdings in SPDR Portfolio High Yield Bond ETF were worth $34,676,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of SPHY. HF Advisory Group LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 10.5% during the second quarter. HF Advisory Group LLC now owns 253,222 shares of the company’s stock worth $5,936,000 after purchasing an additional 24,023 shares during the period. TMB Capital Partners LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at approximately $561,000. NewEdge Advisors LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 26.4% in the 2nd quarter. NewEdge Advisors LLC now owns 334,333 shares of the company’s stock valued at $7,837,000 after buying an additional 69,852 shares during the period. Impact Partnership Wealth LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 90.7% during the 1st quarter. Impact Partnership Wealth LLC now owns 330,375 shares of the company’s stock worth $7,704,000 after buying an additional 157,099 shares during the last quarter. Finally, World Investment Advisors increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 76.6% during the 4th quarter. World Investment Advisors now owns 58,762 shares of the company’s stock worth $1,391,000 after buying an additional 25,483 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY stock traded up $0.07 during trading on Tuesday, hitting $22.57. 2,689,142 shares of the stock traded hands, compared to its average volume of 5,889,251. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.32 and a 52-week high of $23.95. The firm has a market capitalization of $11.71 billion, a P/E ratio of 7.31 and a beta of 0.39. The firm’s fifty day moving average price is $23.10 and its 200-day moving average price is $23.28.

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.