SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by MML Investors Services LLC

MML Investors Services LLC lifted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,378,114 shares of the company’s stock after purchasing an additional 341,216 shares during the period. MML Investors Services LLC owned approximately 0.76% of SPDR Portfolio High Yield Bond ETF worth $79,960,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Aspire Private Capital LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.6% in the fourth quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock valued at $664,000 after purchasing an additional 435 shares during the period. PFG Investments LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 5.3% in the fourth quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock valued at $208,000 after purchasing an additional 440 shares during the period. Cumberland Partners Ltd lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.5% in the third quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock valued at $260,000 after purchasing an additional 466 shares during the period. MCF Advisors LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.4% in the fourth quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock valued at $2,820,000 after purchasing an additional 509 shares during the period. Finally, BlueStem Wealth Partners LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.6% in the fourth quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock valued at $290,000 after purchasing an additional 540 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA SPHY opened at $23.41 on Monday. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The firm has a 50-day moving average price of $23.43 and a 200 day moving average price of $23.56. The stock has a market capitalization of $10.48 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38.

About SPDR Portfolio High Yield Bond ETF

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.