SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Hurlow Wealth Management Group Inc.

Hurlow Wealth Management Group Inc. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 10.0% in the 3rd quarter, Holdings Channel reports. The fund owned 275,154 shares of the company’s stock after buying an additional 25,122 shares during the period. SPDR Portfolio High Yield Bond ETF makes up 1.3% of Hurlow Wealth Management Group Inc.’s investment portfolio, making the stock its 19th largest position. Hurlow Wealth Management Group Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $6,216,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. TSG Advice Partners LLC purchased a new stake in SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth approximately $17,857,000. Trek Financial LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter worth approximately $9,962,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at approximately $678,000. Vise Technologies Inc. increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 20.0% during the 3rd quarter. Vise Technologies Inc. now owns 19,570 shares of the company’s stock valued at $442,000 after purchasing an additional 3,256 shares in the last quarter. Finally, State of Wyoming purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at approximately $371,291,000.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY opened at $22.43 on Tuesday. The firm has a fifty day moving average price of $22.81 and a 200 day moving average price of $23.29. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.86. The stock has a market cap of $11.74 billion, a P/E ratio of 7.31 and a beta of 0.39.

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.