US Bancorp DE Sells 49,080 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

US Bancorp DE trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 0.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,175,599 shares of the company’s stock after selling 49,080 shares during the quarter. US Bancorp DE’s holdings in SPDR Portfolio High Yield Bond ETF were worth $123,179,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its position in shares of SPDR Portfolio High Yield Bond ETF by 1.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 47,948 shares of the company’s stock worth $1,123,000 after purchasing an additional 513 shares during the period. Fifth Third Securities Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 2.3% during the first quarter. Fifth Third Securities Inc. now owns 26,523 shares of the company’s stock worth $621,000 after purchasing an additional 606 shares during the period. Lynx Investment Advisory raised its position in shares of SPDR Portfolio High Yield Bond ETF by 6.2% during the second quarter. Lynx Investment Advisory now owns 12,086 shares of the company’s stock worth $288,000 after purchasing an additional 710 shares during the period. Integrated Wealth Concepts LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after purchasing an additional 745 shares during the period. Finally, SVB Wealth LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 6.4% during the first quarter. SVB Wealth LLC now owns 13,245 shares of the company’s stock worth $310,000 after purchasing an additional 795 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.2%

Shares of NYSEARCA:SPHY opened at $23.76 on Thursday. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42. The stock’s 50 day moving average is $23.79 and its 200-day moving average is $23.51. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99.

SPDR Portfolio High Yield Bond ETF Company 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.