SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Donoghue Forlines LLC

Donoghue Forlines LLC trimmed its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 8.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,249,580 shares of the company’s stock after selling 111,397 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for about 8.5% of Donoghue Forlines LLC’s portfolio, making the stock its 2nd largest holding. Donoghue Forlines LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $29,740,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 122.8% during the 1st quarter. Bank of New York Mellon Corp now owns 95,601 shares of the company’s stock worth $2,239,000 after acquiring an additional 52,690 shares in the last quarter. Whittier Trust Co. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 292.1% during the first quarter. Whittier Trust Co. now owns 5,470 shares of the company’s stock valued at $128,000 after purchasing an additional 4,075 shares during the last quarter. Madison Asset Management LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 111.6% in the 1st quarter. Madison Asset Management LLC now owns 944,127 shares of the company’s stock valued at $22,111,000 after purchasing an additional 498,025 shares during the period. Winthrop Capital Management LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 3.8% in the 1st quarter. Winthrop Capital Management LLC now owns 293,567 shares of the company’s stock worth $6,875,000 after purchasing an additional 10,873 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its stake in SPDR Portfolio High Yield Bond ETF by 362.5% in 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 purchasing an additional 4,666,949 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Trading Down 0.4%

SPHY stock opened at $23.59 on Friday. SPDR Portfolio High Yield Bond ETF has a one year low of $22.21 and a one year high of $23.99. The firm has a market capitalization of $9.95 billion, a PE ratio of 7.31 and a beta of 0.39. The firm has a 50-day moving average of $23.80 and a two-hundred day moving average of $23.64.

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.