364,743 Shares in SPDR Portfolio High Yield Bond ETF $SPHY Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 364,743 shares of the company’s stock, valued at approximately $8,240,000.

Several other institutional investors have also recently made changes to their positions in SPHY. HF Advisory Group LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 10.5% in the second quarter. HF Advisory Group LLC now owns 253,222 shares of the company’s stock valued at $5,936,000 after buying an additional 24,023 shares in the last quarter. NewEdge Advisors LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 26.4% during the 2nd quarter. NewEdge Advisors LLC now owns 334,333 shares of the company’s stock worth $7,837,000 after acquiring an additional 69,852 shares in the last quarter. Impact Partnership Wealth LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 90.7% during the 1st quarter. Impact Partnership Wealth LLC now owns 330,375 shares of the company’s stock worth $7,704,000 after acquiring an additional 157,099 shares in the last quarter. Gateway Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 1st quarter valued at about $570,000. Finally, Tenet Wealth Partners LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $1,052,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPDR Portfolio High Yield Bond ETF stock traded up $0.04 on Wednesday, hitting $22.48. The company’s stock had a trading volume of 1,975,724 shares, compared to its average volume of 5,823,258. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.32 and a 1 year high of $23.95. The firm has a fifty day moving average price of $22.94 and a 200-day moving average price of $23.23. The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

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.