Shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $23.02 and last traded at $23.0450, with a volume of 556232 shares. The stock had previously closed at $23.11.
SPDR Portfolio High Yield Bond ETF Price Performance
The firm has a fifty day simple moving average of $23.26 and a 200-day simple moving average of $23.36. The firm has a market cap of $11.50 billion, a P/E ratio of 7.31 and a beta of 0.38.
Hedge Funds Weigh In On SPDR Portfolio High Yield Bond ETF
A number of institutional investors have recently modified their holdings of the company. Capital Analysts LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 7.7% in the 2nd quarter. Capital Analysts LLC now owns 2,566,978 shares of the company’s stock worth $60,170,000 after purchasing an additional 183,732 shares in the last quarter. RFG Advisory LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 12.8% during the 2nd quarter. RFG Advisory LLC now owns 237,138 shares of the company’s stock valued at $5,559,000 after purchasing an additional 26,921 shares in the last quarter. NewEdge Advisors LLC increased its stake in SPDR Portfolio High Yield Bond ETF by 26.4% during the 2nd quarter. NewEdge Advisors LLC now owns 334,333 shares of the company’s stock valued at $7,837,000 after purchasing an additional 69,852 shares in the last quarter. IFP Advisors Inc raised its holdings in SPDR Portfolio High Yield Bond ETF by 15.4% during the second quarter. IFP Advisors Inc now owns 202,937 shares of the company’s stock worth $4,757,000 after buying an additional 27,029 shares during the last quarter. Finally, XY Planning Network Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF during the second quarter worth $264,000.
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.
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