SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC raised its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 50.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 159,299 shares of the company’s stock after acquiring an additional 53,529 shares during the quarter. Global Retirement Partners LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,771,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 10.5% in the 3rd 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 in the last quarter. Asset Management One Co. Ltd. purchased a new position in SPDR Portfolio High Yield Bond ETF during the 4th quarter valued at about $85,587,000. Advisors Capital Management LLC purchased a new position in SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at about $72,441,000. Ameriprise Financial Inc. raised its position in 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. raised its position in SPDR Portfolio High Yield Bond ETF by 148,527.0% during the third quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock worth $26,188,000 after acquiring an additional 1,093,159 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $23.41 on Friday. The firm’s 50-day moving average is $23.39 and its two-hundred day moving average is $23.58. The company has a market capitalization of $10.48 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month high of $23.99.

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.