UBS Group AG Has $22.31 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY

UBS Group AG raised its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 39.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 942,551 shares of the company’s stock after purchasing an additional 266,029 shares during the quarter. UBS Group AG’s holdings in SPDR Portfolio High Yield Bond ETF were worth $22,310,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SPHY. Newbridge Financial Services Group Inc. boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares during the period. Fourth Dimension Wealth LLC raised its position in SPDR Portfolio High Yield Bond ETF by 89.2% during the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after buying an additional 633 shares during the period. Allworth Financial LP lifted its stake in SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock worth $52,000 after acquiring an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 100.5% in the 3rd quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock worth $53,000 after acquiring an additional 1,114 shares in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth about $67,000.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.43 on Tuesday. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $23.02 and a fifty-two week high of $23.99. The stock’s 50-day moving average is $23.41 and its two-hundred day moving average is $23.61. The stock has a market cap of $10.49 billion, a PE 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.