Harbour Investments Inc. grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 5.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,574 shares of the company’s stock after purchasing an additional 1,210 shares during the period. Harbour Investments Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $561,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 24.1% during the first quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock valued at $191,695,000 after buying an additional 1,587,936 shares during the period. Grimes & Company Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth about $166,945,000. Municipal Employees Retirement System of Michigan increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 362.5% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 5,954,325 shares of the company’s stock valued at $139,451,000 after acquiring an additional 4,666,949 shares during the last quarter. Cornerstone Enterprises LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.7% during the 2nd quarter. Cornerstone Enterprises LLC now owns 1,714,236 shares of the company’s stock valued at $40,799,000 after acquiring an additional 29,303 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 58.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,358,931 shares of the company’s stock valued at $32,342,000 after acquiring an additional 500,938 shares during the last quarter.
SPDR Portfolio High Yield Bond ETF Stock Up 0.2%
Shares of NYSEARCA:SPHY opened at $23.78 on Monday. The business has a 50 day moving average price of $23.80 and a 200 day moving average price of $23.53. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The company has a market cap of $9.61 billion, a price-to-earnings ratio of 7.31 and a beta of 0.42.
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.
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