SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 6.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 635,711 shares of the company’s stock after buying an additional 35,784 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.12% of SPDR Portfolio High Yield Bond ETF worth $14,361,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SPHY. State of Wyoming bought a new position in SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth about $371,291,000. Vantagepoint Investment Advisers LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the third quarter valued at approximately $171,715,000. NEOS Investment Management LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth approximately $69,777,000. Conning Inc. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth approximately $61,580,000. Finally, Ocean Park Asset Management LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 53.4% during the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock worth $142,534,000 after buying an additional 2,116,024 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY stock opened at $22.53 on Monday. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.86. The stock has a fifty day moving average of $22.74 and a two-hundred day moving average of $23.26. The firm has a market capitalization of $11.92 billion, a PE ratio of 7.31 and a beta of 0.40.

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.