Compound Planning Inc. Sells 25,544 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Compound Planning Inc. decreased its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 15.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,253 shares of the company’s stock after selling 25,544 shares during the period. Compound Planning Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Asset Management One Co. Ltd. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $85,587,000. Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio High Yield Bond ETF by 34.6% in the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock valued at $207,971,000 after buying an additional 2,232,954 shares during the period. Cetera Investment Advisers boosted its position in SPDR Portfolio High Yield Bond ETF by 68.1% during the first quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after acquiring an additional 1,441,014 shares during the last quarter. Franklin Resources Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 148,527.0% during the 3rd quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock worth $26,188,000 after acquiring an additional 1,093,159 shares during the period. Finally, Sei Investments Co. grew its holdings in SPDR Portfolio High Yield Bond ETF by 5.7% during the 1st 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 period.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of NYSEARCA:SPHY opened at $23.18 on Friday. The company has a market capitalization of $11.42 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The business’s 50-day moving average is $23.37 and its 200-day moving average is $23.49. SPDR Portfolio High Yield Bond ETF has a 1 year low of $23.02 and a 1 year high of $23.99.

SPDR Portfolio High Yield Bond ETF Company 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.