Keeler Thomas Management LLC lowered its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 96.7% during the third quarter, Holdings Channel reports. The institutional investor owned 13,335 shares of the company’s stock after selling 385,136 shares during the period. Keeler Thomas Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $301,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPHY. Latitude Advisors LLC purchased a new position in SPDR Portfolio High Yield Bond ETF in the third quarter valued at about $26,000. Ashton Thomas Securities LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at approximately $35,000. Brown Lisle Cummings Inc. lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 1,232.3% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 2,065 shares of the company’s stock valued at $48,000 after acquiring an additional 1,910 shares during the period. Atomic Invest LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 35.0% during the 2nd quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock valued at $67,000 after acquiring an additional 737 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth approximately $91,000.
SPDR Portfolio High Yield Bond ETF Price Performance
Shares of NYSEARCA:SPHY opened at $22.43 on Tuesday. The firm has a market capitalization of $11.74 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The business’s 50 day simple moving average is $22.81 and its 200-day simple moving average is $23.29. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.32 and a 12 month high of $23.86.
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.
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