Hobart Private Capital LLC Acquires 15,527 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Hobart Private Capital LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 9.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,074 shares of the company’s stock after acquiring an additional 15,527 shares during the period. Hobart Private Capital LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $4,238,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Grimes & Company Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth $166,945,000. Municipal Employees Retirement System of Michigan lifted its holdings 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 worth $139,451,000 after buying an additional 4,666,949 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings 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 worth $191,695,000 after buying an additional 1,587,936 shares in the last quarter. Toews Corp ADV acquired a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth $23,498,000. Finally, Belpointe Asset Management LLC acquired a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth $20,056,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA:SPHY opened at $23.87 on Friday. The stock’s fifty day moving average price is $23.81 and its two-hundred day moving average price is $23.56. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.99. The company has a market cap of $10.07 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42.

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.