American Century Companies Inc. Sells 58,400 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

American Century Companies Inc. lessened its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 751,388 shares of the company’s stock after selling 58,400 shares during the period. American Century Companies Inc. owned 0.18% of SPDR Portfolio High Yield Bond ETF worth $17,988,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SPHY. Integrated Wealth Concepts LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 7.2% in the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock valued at $260,000 after acquiring an additional 745 shares during the last quarter. Bank of Montreal Can boosted its stake in SPDR Portfolio High Yield Bond ETF by 5.4% in 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. Vise Technologies Inc. acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth $280,000. Verus Capital Partners LLC raised its position in shares of SPDR Portfolio High Yield Bond ETF by 10.4% during the 2nd quarter. Verus Capital Partners LLC now owns 10,625 shares of the company’s stock valued at $253,000 after acquiring an additional 1,000 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in shares of SPDR Portfolio High Yield Bond ETF by 36.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 74,282 shares of the company’s stock valued at $1,768,000 after purchasing an additional 19,951 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.1%

NYSEARCA:SPHY opened at $23.45 on Wednesday. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99. The stock’s fifty day simple moving average is $23.72 and its 200-day simple moving average is $23.74. The firm has a market capitalization of $10.37 billion, a P/E ratio of 7.31 and a beta of 0.39.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.1396 dividend. This is a boost from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%.

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.