Pacific Excel Wealth Advisors Inc. Buys New Shares in SPDR Portfolio High Yield Bond ETF $SPHY

Pacific Excel Wealth Advisors Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 2nd quarter, Holdings Channel reports. The firm purchased 76,483 shares of the company’s stock, valued at approximately $1,793,000.

A number of other large investors also recently bought and sold shares of SPHY. Asset Management One Co. Ltd. acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter valued at $85,587,000. Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 34.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after buying an additional 2,232,954 shares during the period. Cetera Investment Advisers boosted its holdings in SPDR Portfolio High Yield Bond ETF by 68.1% in 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. boosted its holdings in SPDR Portfolio High Yield Bond ETF by 148,527.0% in the third quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock valued at $26,188,000 after acquiring an additional 1,093,159 shares during the last quarter. Finally, Sei Investments Co. grew its position in SPDR Portfolio High Yield Bond ETF by 5.7% during the first quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock valued at $462,499,000 after acquiring an additional 1,061,796 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.3%

SPHY stock opened at $23.27 on Wednesday. The company has a market cap of $11.63 billion, a PE ratio of 7.31 and a beta of 0.38. The stock has a 50-day moving average price of $23.35 and a two-hundred day moving average price of $23.46. SPDR Portfolio High Yield Bond ETF has a 12-month low of $23.02 and a 12-month 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.