DT Investment Partners LLC Boosts Stake in SPDR Portfolio High Yield Bond ETF $SPHY

DT Investment Partners LLC increased its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 5.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 462,620 shares of the company’s stock after acquiring an additional 23,589 shares during the period. SPDR Portfolio High Yield Bond ETF comprises approximately 0.9% of DT Investment Partners LLC’s portfolio, making the stock its 26th largest position. DT Investment Partners LLC owned about 0.11% of SPDR Portfolio High Yield Bond ETF worth $11,075,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Integrated Wealth Concepts LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after purchasing an additional 745 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 10.4% during the 1st quarter. NewEdge Advisors LLC now owns 322,580 shares of the company’s stock valued at $7,555,000 after purchasing an additional 30,405 shares during the last quarter. Arvest Investments Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 3.6% during the 2nd quarter. Arvest Investments Inc. now owns 155,751 shares of the company’s stock valued at $3,707,000 after purchasing an additional 5,393 shares during the last quarter. General Partner Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $414,000. Finally, Peak Financial Advisors LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 34.3% during the 2nd quarter. Peak Financial Advisors LLC now owns 20,515 shares of the company’s stock valued at $488,000 after buying an additional 5,244 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.69 on Friday. The firm has a market cap of $9.99 billion, a P/E ratio of 7.31 and a beta of 0.39. The stock has a 50 day simple moving average of $23.69 and a two-hundred day simple moving average of $23.72. 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 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.