Fifth Third Securities Inc. Increases Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Fifth Third Securities Inc. increased its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 123.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 248,128 shares of the company’s stock after purchasing an additional 137,036 shares during the period. Fifth Third Securities Inc. owned 0.06% of SPDR Portfolio High Yield Bond ETF worth $5,940,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPHY. Sei Investments Co. boosted its position in SPDR Portfolio High Yield Bond ETF by 5.4% during the 2nd quarter. Sei Investments Co. now owns 16,769,188 shares of the company’s stock worth $399,112,000 after purchasing an additional 859,566 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 24.1% in the 1st quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock valued at $191,695,000 after buying an additional 1,587,936 shares during the period. Vantagepoint Investment Advisers LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 2.2% during the 2nd quarter. Vantagepoint Investment Advisers LLC now owns 7,469,670 shares of the company’s stock worth $177,778,000 after buying an additional 162,350 shares during the last quarter. Grimes & Company Inc. bought a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth about $166,945,000. Finally, 1832 Asset Management L.P. grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.2% in the second quarter. 1832 Asset Management L.P. now owns 3,399,653 shares of the company’s stock worth $80,912,000 after purchasing an additional 138,308 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of NYSEARCA SPHY opened at $23.59 on Friday. The stock has a fifty day moving average price of $23.71 and a two-hundred day moving average price of $23.71. The firm has a market cap of $9.95 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.

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.