SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Toews Corp ADV

Toews Corp ADV lifted its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 24.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,226,500 shares of the company’s stock after purchasing an additional 239,200 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up about 4.2% of Toews Corp ADV’s investment portfolio, making the stock its 4th largest position. Toews Corp ADV owned 0.29% of SPDR Portfolio High Yield Bond ETF worth $29,362,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SPHY. Cranbrook Wealth Management LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at $26,000. Parallel Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter valued at about $29,000. Newbridge Financial Services Group Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 171.4% in 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 in the last quarter. Alaska Permanent Capital Management LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 10,916.7% during the second quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock worth $31,000 after purchasing an additional 1,310 shares during the period. Finally, Grove Bank & Trust bought a new position in SPDR Portfolio High Yield Bond ETF during the second quarter worth about $46,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.1%

SPHY stock opened at $23.79 on Monday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99. The business’s 50 day moving average is $23.68 and its 200-day moving average is $23.73. The firm has a market cap of $10.62 billion, a P/E ratio of 7.31 and a beta of 0.39.

SPDR Portfolio High Yield Bond ETF Company 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.