3,614,320 Shares in SPDR Portfolio High Yield Bond ETF $SPHY Purchased by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. purchased a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,614,320 shares of the company’s stock, valued at approximately $85,587,000. Asset Management One Co. Ltd. owned approximately 0.82% of SPDR Portfolio High Yield Bond ETF as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SPHY. Next Level Wealth Planning LLC grew its position in SPDR Portfolio High Yield Bond ETF by 14.0% during the 4th quarter. Next Level Wealth Planning LLC now owns 16,856 shares of the company’s stock worth $399,000 after acquiring an additional 2,068 shares during the last quarter. Merit Financial Group LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 3.5% during the 4th quarter. Merit Financial Group LLC now owns 174,437 shares of the company’s stock worth $4,129,000 after buying an additional 5,941 shares during the period. AE Wealth Management LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 23.6% during the 4th quarter. AE Wealth Management LLC now owns 309,142 shares of the company’s stock worth $7,317,000 after buying an additional 59,017 shares during the period. Sightline Wealth Advisors LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 4th quarter worth $210,000. Finally, Independent Wealth Network Inc. raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.7% in the 4th quarter. Independent Wealth Network Inc. now owns 9,310 shares of the company’s stock valued at $220,000 after purchasing an additional 668 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY opened at $23.62 on Friday. The company has a market capitalization of $10.44 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40. The business’s 50-day moving average price is $23.47 and its two-hundred day moving average price is $23.64. SPDR Portfolio High Yield Bond ETF has a 1 year low of $22.80 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.