AE Wealth Management LLC Buys 30,938 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

AE Wealth Management LLC increased its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 11.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 310,227 shares of the company’s stock after purchasing an additional 30,938 shares during the quarter. AE Wealth Management LLC owned 0.08% of SPDR Portfolio High Yield Bond ETF worth $7,383,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can increased its position in SPDR Portfolio High Yield Bond ETF by 5.4% during the second quarter. Bank of Montreal Can now owns 10,180 shares of the company’s stock valued at $242,000 after acquiring an additional 525 shares during the last quarter. Fifth Third Securities Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 2.3% in the 1st quarter. Fifth Third Securities Inc. now owns 26,523 shares of the company’s stock worth $621,000 after acquiring an additional 606 shares during the last quarter. Stephens Inc. AR boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 0.8% during the 2nd quarter. Stephens Inc. AR now owns 80,839 shares of the company’s stock worth $1,924,000 after purchasing an additional 609 shares during the period. Lynx Investment Advisory grew its holdings in SPDR Portfolio High Yield Bond ETF by 6.2% during the 2nd quarter. Lynx Investment Advisory now owns 12,086 shares of the company’s stock valued at $288,000 after purchasing an additional 710 shares during the last quarter. Finally, Petra Financial Advisors Inc. grew its holdings in SPDR Portfolio High Yield Bond ETF by 6.2% during the 2nd quarter. Petra Financial Advisors Inc. now owns 12,240 shares of the company’s stock valued at $291,000 after purchasing an additional 718 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.63 on Monday. The firm has a market capitalization of $9.97 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.21 and a 1-year high of $23.99. The company’s 50-day moving average is $23.81 and its 200 day moving average is $23.63.

About SPDR Portfolio High Yield Bond ETF

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.