TMB Capital Partners LLC Purchases New Shares in SPDR Portfolio High Yield Bond ETF $SPHY

TMB Capital Partners LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 23,694 shares of the company’s stock, valued at approximately $561,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SPHY. Newbridge Financial Services Group Inc. boosted its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd 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 period. IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter worth approximately $38,000. Smartleaf Asset Management LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 301.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after purchasing an additional 1,262 shares during the period. Allworth Financial LP increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% during the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after purchasing an additional 2,000 shares during the period. Finally, Arax Advisory Partners acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at approximately $53,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.3%

Shares of SPHY stock opened at $23.44 on Friday. The stock has a market cap of $10.50 billion, a P/E ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99. The stock has a 50 day simple moving average of $23.44 and a 200 day simple moving average of $23.55.

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.