Optas LLC lifted its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 8.8% during the second quarter, Holdings Channel reports. The firm owned 64,419 shares of the company’s stock after buying an additional 5,203 shares during the period. Optas LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,533,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently added to or reduced their stakes in SPHY. ORG Partners LLC bought a new stake in SPDR Portfolio High Yield Bond ETF during the 1st quarter valued at $26,000. Cranbrook Wealth Management LLC bought a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at $26,000. Parallel Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at $29,000. Golden State Wealth Management LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 193.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock valued at $33,000 after purchasing an additional 932 shares during the period. Finally, Centennial Bank AR acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the 1st quarter valued at $34,000.
SPDR Portfolio High Yield Bond ETF Stock Performance
Shares of SPHY stock opened at $23.76 on Thursday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.21 and a 1 year high of $23.99. The stock has a market cap of $9.46 billion, a PE ratio of 7.31 and a beta of 0.42. The business’s fifty day moving average is $23.79 and its 200-day moving average is $23.51.
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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Want to see what other hedge funds are holding SPHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report).
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