Kingsview Wealth Management LLC lifted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 38.5% during the 2nd quarter, Holdings Channel reports. The firm owned 96,391 shares of the company’s stock after acquiring an additional 26,793 shares during the period. Kingsview Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,294,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Cranbrook Wealth Management LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth $26,000. Parallel Advisors LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter valued at approximately $29,000. Alaska Permanent Capital Management LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 10,916.7% during the 2nd quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after purchasing an additional 1,310 shares during the last quarter. Grove Bank & Trust acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth about $46,000. Finally, Fifth Third Bancorp bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth approximately $50,000.
SPDR Portfolio High Yield Bond ETF Stock Performance
Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.56 on Wednesday. The firm has a 50-day moving average of $23.79 and a 200-day moving average of $23.65. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.99. The stock has a market cap of $9.94 billion, a PE 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.
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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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