SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Central Pacific Bank Trust Division

Central Pacific Bank Trust Division raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 125.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 263,335 shares of the company’s stock after purchasing an additional 146,355 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for 0.6% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its 24th biggest holding. Central Pacific Bank Trust Division owned about 0.05% of SPDR Portfolio High Yield Bond ETF worth $6,173,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after purchasing an additional 778 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $38,000. Smartleaf Asset Management LLC raised its position in SPDR Portfolio High Yield Bond ETF by 301.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after buying an additional 1,262 shares during the last quarter. Physician Wealth Advisors Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 54.7% during the 1st quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after buying an additional 623 shares during the last quarter. Finally, Arax Advisory Partners acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter worth $53,000.

SPDR Portfolio High Yield Bond ETF Stock Up 0.3%

Shares of NYSEARCA:SPHY opened at $23.27 on Wednesday. The company has a market cap of $11.63 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The firm’s 50-day simple moving average is $23.35 and its 200-day simple moving average is $23.46. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $23.02 and a fifty-two week high of $23.99.

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.