54,185 Shares in SPDR Portfolio High Yield Bond ETF $SPHY Acquired by Phillip James Consulting Co.

Phillip James Consulting Co. acquired a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 54,185 shares of the company’s stock, valued at approximately $1,264,000. SPDR Portfolio High Yield Bond ETF comprises approximately 0.9% of Phillip James Consulting Co.’s investment portfolio, making the stock its 25th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in SPHY. Asset Management One Co. Ltd. acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth $85,587,000. Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 34.6% in the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock valued at $207,971,000 after buying an additional 2,232,954 shares during the last quarter. Franklin Resources Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 148,527.0% in the third quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock valued at $26,188,000 after buying an additional 1,093,159 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 8,673.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,070,300 shares of the company’s stock worth $25,334,000 after buying an additional 1,058,100 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter worth about $24,854,000.

SPDR Portfolio High Yield Bond ETF Trading Down 0.0%

SPHY opened at $23.32 on Wednesday. The firm has a market capitalization of $11.46 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The firm’s 50-day moving average price is $23.37 and its 200 day moving average price is $23.50.

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.