SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 19.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 250,125 shares of the company’s stock after selling 60,102 shares during the quarter. AE Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,988,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sei Investments Co. boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 5.4% in the 2nd quarter. Sei Investments Co. now owns 16,769,188 shares of the company’s stock valued at $399,112,000 after purchasing an additional 859,566 shares during the period. Vantagepoint Investment Advisers LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 1.3% in the third quarter. Vantagepoint Investment Advisers LLC now owns 7,564,670 shares of the company’s stock valued at $181,098,000 after buying an additional 95,000 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 2.7% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,200,554 shares of the company’s stock valued at $172,381,000 after buying an additional 186,060 shares during the last quarter. Grimes & Company Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter valued at approximately $166,945,000. Finally, 1832 Asset Management L.P. grew its position in shares of SPDR Portfolio High Yield Bond ETF by 4.2% during the second quarter. 1832 Asset Management L.P. now owns 3,399,653 shares of the company’s stock worth $80,912,000 after acquiring an additional 138,308 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.82 on Friday. The firm’s fifty day simple moving average is $23.74 and its 200-day simple moving average is $23.74. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.21 and a 12 month high of $23.99. The stock has a market capitalization of $10.51 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.