General Partner Inc. Acquires Shares of 26,000 SPDR Portfolio High Yield Bond ETF $SPHY

General Partner Inc. bought a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 26,000 shares of the company’s stock, valued at approximately $609,000.

Several other large investors have also recently modified their holdings of SPHY. HF Advisory Group LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 11.5% in the fourth quarter. HF Advisory Group LLC now owns 209,470 shares of the company’s stock valued at $4,958,000 after purchasing an additional 21,552 shares in the last quarter. Financial Advisory Partners LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 8.1% during the 4th quarter. Financial Advisory Partners LLC now owns 449,158 shares of the company’s stock worth $10,632,000 after purchasing an additional 33,785 shares in the last quarter. Rede Wealth LLC bought a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter worth about $1,391,000. Diversified Enterprises LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 17.5% in the 4th quarter. Diversified Enterprises LLC now owns 148,109 shares of the company’s stock worth $3,506,000 after purchasing an additional 22,053 shares during the period. Finally, Elm3 Financial Group LLC purchased a new position in SPDR Portfolio High Yield Bond ETF during the 4th quarter valued at about $1,650,000.

SPDR Portfolio High Yield Bond ETF Stock Down 0.3%

Shares of SPHY opened at $23.20 on Tuesday. The business’s 50-day moving average price is $23.35 and its 200-day moving average price is $23.46. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99. The stock has a market cap of $11.63 billion, a PE ratio of 7.31 and a beta of 0.38.

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.