SPDR Portfolio High Yield Bond ETF $SPHY Stock Position Lifted by Vantagepoint Investment Advisers LLC

Vantagepoint Investment Advisers LLC raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,469,670 shares of the company’s stock after buying an additional 162,350 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for about 17.8% of Vantagepoint Investment Advisers LLC’s holdings, making the stock its 4th biggest position. Vantagepoint Investment Advisers LLC owned approximately 1.94% of SPDR Portfolio High Yield Bond ETF worth $177,778,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Cornerstone Enterprises LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.7% during the second quarter. Cornerstone Enterprises LLC now owns 1,714,236 shares of the company’s stock worth $40,799,000 after acquiring an additional 29,303 shares in the last quarter. AE Wealth Management LLC increased its position in SPDR Portfolio High Yield Bond ETF by 11.1% in the 2nd quarter. AE Wealth Management LLC now owns 310,227 shares of the company’s stock worth $7,383,000 after purchasing an additional 30,938 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 45.8% during the 2nd quarter. Avantax Advisory Services Inc. now owns 103,135 shares of the company’s stock worth $2,455,000 after purchasing an additional 32,376 shares in the last quarter. MGO Private Wealth LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth about $396,000. Finally, Petra Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 6.2% during the 2nd quarter. Petra Financial Advisors Inc. now owns 12,240 shares of the company’s stock valued at $291,000 after buying an additional 718 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA SPHY opened at $23.73 on Friday. The business has a 50 day simple moving average of $23.73 and a 200 day simple moving average of $23.68. 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 $10.01 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

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.