SPDR Portfolio High Yield Bond ETF $SPHY Stake Boosted by Ocean Park Asset Management LLC

Ocean Park Asset Management LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 1.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,964,799 shares of the company’s stock after buying an additional 52,573 shares during the period. SPDR Portfolio High Yield Bond ETF comprises 4.6% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 6th largest holding. Ocean Park Asset Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $92,459,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the fourth quarter valued at approximately $38,000. Smartleaf Asset Management LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 301.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock valued at $40,000 after acquiring an additional 1,262 shares during the period. Allworth Financial LP lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% in the 3rd quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Arax Advisory Partners purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at approximately $53,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.44 on Monday. The company has a 50 day moving average price of $23.44 and a 200 day moving average price of $23.55. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99. The firm has a market capitalization of $10.50 billion, a price-to-earnings 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.