GatePass Capital LLC Acquires 38,350 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

GatePass Capital LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 189.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,550 shares of the company’s stock after buying an additional 38,350 shares during the period. GatePass Capital LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,402,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in shares of 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 acquiring an additional 745 shares in the last quarter. Parallel Advisors LLC bought a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at about $29,000. Wealth Enhancement Advisory Services LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 2.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 238,237 shares of the company’s stock valued at $5,644,000 after purchasing an additional 5,538 shares during the last quarter. Grove Bank & Trust bought a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth approximately $46,000. Finally, Pinnacle Bancorp Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 19.8% in the second quarter. Pinnacle Bancorp Inc. now owns 14,370 shares of the company’s stock worth $342,000 after purchasing an additional 2,380 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Up 0.0%

SPHY stock opened at $23.81 on Friday. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The stock’s 50 day moving average is $23.70 and its 200-day moving average is $23.73. The firm has a market capitalization of $10.87 billion, a PE ratio of 7.31 and a beta of 0.39.

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.