RFG Advisory LLC Has $5.56 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

RFG Advisory LLC boosted its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 12.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 237,138 shares of the company’s stock after purchasing an additional 26,921 shares during the period. RFG Advisory LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $5,559,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Sei Investments Co. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 5.7% during the first quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock worth $462,499,000 after acquiring an additional 1,061,796 shares during the last quarter. LPL Financial LLC increased its position in SPDR Portfolio High Yield Bond ETF by 12.3% during the 4th quarter. LPL Financial LLC now owns 8,802,613 shares of the company’s stock valued at $208,358,000 after purchasing an additional 967,530 shares during the period. Ameriprise Financial Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 34.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after purchasing an additional 2,232,954 shares during the last quarter. Ocean Park Asset Management LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 53.4% during the 2nd quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock worth $142,534,000 after purchasing an additional 2,116,024 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 0.8% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 6,000,856 shares of the company’s stock worth $142,040,000 after purchasing an additional 46,531 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA SPHY opened at $23.11 on Thursday. The company’s 50 day moving average price is $23.27 and its 200-day moving average price is $23.37. SPDR Portfolio High Yield Bond ETF has a 52-week low of $23.02 and a 52-week high of $23.99. The company has a market capitalization of $11.55 billion, a P/E ratio of 7.31 and a beta of 0.38.

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.