SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Stadion Money Management LLC

Stadion Money Management LLC boosted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 92.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 348,474 shares of the company’s stock after purchasing an additional 167,542 shares during the quarter. SPDR Portfolio High Yield Bond ETF comprises about 0.7% of Stadion Money Management LLC’s holdings, making the stock its 24th largest position. Stadion Money Management LLC owned 0.08% of SPDR Portfolio High Yield Bond ETF worth $8,248,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in 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 valued at $1,068,919,000 after purchasing an additional 4,256,596 shares during the last quarter. Sei Investments Co. raised its stake in SPDR Portfolio High Yield Bond ETF by 6.3% in the 3rd quarter. Sei Investments Co. now owns 17,822,858 shares of the company’s stock valued at $426,678,000 after purchasing an additional 1,053,670 shares during the last quarter. LPL Financial LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 12.3% in the 4th quarter. LPL Financial LLC now owns 8,802,613 shares of the company’s stock valued at $208,358,000 after purchasing an additional 967,530 shares during the last quarter. Ameriprise Financial Inc. raised its stake in SPDR Portfolio High Yield Bond ETF by 34.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock valued at $207,971,000 after purchasing an additional 2,232,954 shares during the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 0.6% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock valued at $171,527,000 after purchasing an additional 46,030 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Up 0.0%

Shares of SPHY stock opened at $23.45 on Wednesday. The firm has a 50-day moving average price of $23.44 and a 200 day moving average price of $23.55. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The company has a market capitalization of $10.50 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.