SPDR Portfolio High Yield Bond ETF $SPHY Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. increased its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 34.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,269,981 shares of the company’s stock after acquiring an additional 325,000 shares during the period. Victory Capital Management Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $30,403,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock valued at $260,000 after buying an additional 745 shares during the period. Bank of Montreal Can boosted its holdings in SPDR Portfolio High Yield Bond ETF by 5.4% in the second quarter. Bank of Montreal Can now owns 10,180 shares of the company’s stock valued at $242,000 after acquiring an additional 525 shares during the last quarter. AE Wealth Management LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 11.1% in the second quarter. AE Wealth Management LLC now owns 310,227 shares of the company’s stock valued at $7,383,000 after acquiring an additional 30,938 shares during the last quarter. Vise Technologies Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter valued at about $280,000. Finally, Timonier Family Office LTD. increased its stake in SPDR Portfolio High Yield Bond ETF by 20.3% during the second quarter. Timonier Family Office LTD. now owns 88,376 shares of the company’s stock worth $2,103,000 after acquiring an additional 14,906 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA SPHY opened at $23.36 on Monday. The firm has a market capitalization of $10.33 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99. The business’s 50-day simple moving average is $23.72 and its 200-day simple moving average is $23.74.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1396 per share. This represents a c) dividend on an annualized basis and a yield of 7.2%. This is a positive change from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, March 2nd.

SPDR Portfolio High Yield Bond ETF Profile

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.