SPDR Portfolio High Yield Bond ETF $SPHY Shares Newly Acquired by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC purchased a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 47,763 shares of the company’s stock, valued at approximately $1,079,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. State of Wyoming purchased a new stake in SPDR Portfolio High Yield Bond ETF in the 3rd quarter valued at about $371,291,000. Vantagepoint Investment Advisers LLC bought a new position in SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth about $171,715,000. NEOS Investment Management LLC bought a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth about $69,777,000. Conning Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth approximately $61,580,000. Finally, Ocean Park Asset Management LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 53.4% during the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock worth $142,534,000 after acquiring an additional 2,116,024 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA:SPHY opened at $22.53 on Monday. The firm’s 50 day simple moving average is $22.74 and its 200-day simple moving average is $23.26. SPDR Portfolio High Yield Bond ETF has a one year low of $22.32 and a one year high of $23.86. The firm has a market cap of $11.92 billion, a PE ratio of 7.31 and a beta of 0.40.

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.