SPDR Portfolio High Yield Bond ETF $SPHY Shares Acquired by US Bancorp DE

US Bancorp DE boosted its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,669,418 shares of the company’s stock after buying an additional 493,819 shares during the quarter. US Bancorp DE owned 1.34% of SPDR Portfolio High Yield Bond ETF worth $135,726,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Index Fund Advisors Inc. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.9% during the 3rd quarter. Index Fund Advisors Inc. now owns 47,243 shares of the company’s stock worth $1,131,000 after acquiring an additional 421 shares in the last quarter. Inscription Capital LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 1.5% during the third quarter. Inscription Capital LLC now owns 29,907 shares of the company’s stock worth $716,000 after purchasing an additional 454 shares during the period. Cumberland Partners Ltd lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.5% during 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 last quarter. Lynx Investment Advisory lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 4.3% during the third quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock valued at $302,000 after purchasing an additional 522 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.4% in the 2nd quarter. Bank of Montreal Can now owns 10,180 shares of the company’s stock valued at $242,000 after purchasing an additional 525 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.1%

Shares of SPHY opened at $23.75 on Thursday. The business’s 50-day moving average price is $23.74 and its 200 day moving average price is $23.75. The stock has a market capitalization of $10.50 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99.

SPDR Portfolio High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1379 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%.

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.