SPDR Portfolio High Yield Bond ETF $SPHY Shares Newly Acquired by Asset Allocation & Management Company LLC

Asset Allocation & Management Company LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 804,501 shares of the company’s stock, valued at approximately $18,174,000. SPDR Portfolio High Yield Bond ETF comprises approximately 5.7% of Asset Allocation & Management Company LLC’s holdings, making the stock its 6th biggest position. Asset Allocation & Management Company LLC owned about 0.15% of SPDR Portfolio High Yield Bond ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SPHY. HF Advisory Group LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 10.5% during the second quarter. HF Advisory Group LLC now owns 253,222 shares of the company’s stock worth $5,936,000 after buying an additional 24,023 shares during the period. NewEdge Advisors LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 26.4% during 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 in the last quarter. TMB Capital Partners LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $561,000. Impact Partnership Wealth LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 90.7% during the first quarter. Impact Partnership Wealth LLC now owns 330,375 shares of the company’s stock valued at $7,704,000 after acquiring an additional 157,099 shares in the last quarter. Finally, World Investment Advisors grew its stake in SPDR Portfolio High Yield Bond ETF by 76.6% during the 4th quarter. World Investment Advisors now owns 58,762 shares of the company’s stock valued at $1,391,000 after purchasing an additional 25,483 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY stock traded down $0.09 during trading hours on Tuesday, hitting $22.50. 1,529,617 shares of the company were exchanged, compared to its average volume of 5,876,110. SPDR Portfolio High Yield Bond ETF has a one year low of $22.32 and a one year high of $23.95. The stock has a market capitalization of $11.82 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The business’s 50-day simple moving average is $23.03 and its two-hundred day simple moving average is $23.26.

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.