State of Wyoming Purchases 16,436,100 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

State of Wyoming acquired a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,436,100 shares of the company’s stock, valued at approximately $371,291,000. SPDR Portfolio High Yield Bond ETF accounts for approximately 28.8% of State of Wyoming’s investment portfolio, making the stock its biggest holding. State of Wyoming owned about 3.14% of SPDR Portfolio High Yield Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. HF Advisory Group LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 10.5% during the 2nd quarter. HF Advisory Group LLC now owns 253,222 shares of the company’s stock valued at $5,936,000 after buying an additional 24,023 shares during the period. NewEdge Advisors LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 26.4% in the 2nd quarter. NewEdge Advisors LLC now owns 334,333 shares of the company’s stock worth $7,837,000 after acquiring an additional 69,852 shares during the period. Gateway Wealth Partners LLC purchased a new position in SPDR Portfolio High Yield Bond ETF in the 1st quarter worth approximately $570,000. Tenet Wealth Partners LLC purchased a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth approximately $1,052,000. Finally, Janney Montgomery Scott LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 409.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 168,018 shares of the company’s stock worth $3,918,000 after acquiring an additional 135,044 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.2%

Shares of NYSEARCA:SPHY opened at $22.60 on Friday. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.32 and a 52-week high of $23.86. The company has a 50 day moving average of $22.82 and a two-hundred day moving average of $23.29. The company has a market capitalization of $11.84 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

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.