Systelligence LLC Purchases New Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Systelligence LLC acquired a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 179,578 shares of the company’s stock, valued at approximately $4,188,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SPHY. Newbridge Financial Services Group Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after purchasing an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter worth approximately $38,000. Smartleaf Asset Management LLC increased its position in SPDR Portfolio High Yield Bond ETF by 301.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after buying an additional 1,262 shares in the last quarter. Allworth Financial LP increased its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after buying an additional 2,000 shares in the last quarter. Finally, Arax Advisory Partners purchased a new position in SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at $53,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.0%

SPDR Portfolio High Yield Bond ETF stock opened at $23.41 on Friday. The business’s fifty day simple moving average is $23.43 and its two-hundred day simple moving average is $23.54. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month high of $23.99. The company has a market capitalization of $10.48 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.