SPDR Portfolio High Yield Bond ETF $SPHY Shares Sold by Bensler LLC

Bensler LLC lowered its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 6.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 605,744 shares of the company’s stock after selling 44,115 shares during the period. SPDR Portfolio High Yield Bond ETF makes up about 1.5% of Bensler LLC’s investment portfolio, making the stock its 21st largest holding. Bensler LLC owned approximately 0.14% of SPDR Portfolio High Yield Bond ETF worth $14,502,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of SPHY. Newbridge Financial Services Group Inc. lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after acquiring an additional 778 shares in the last quarter. Alaska Permanent Capital Management LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 10,916.7% during the 2nd quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after purchasing an additional 1,310 shares during the period. Fifth Third Bancorp purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter valued at $50,000. CoreCap Advisors LLC boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 22.8% in the third quarter. CoreCap Advisors LLC now owns 3,381 shares of the company’s stock worth $81,000 after buying an additional 628 shares during the period. Finally, Chapman Financial Group LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF in the second quarter worth $90,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.1%

Shares of NYSEARCA SPHY opened at $23.84 on Tuesday. SPDR Portfolio High Yield Bond ETF has a one year low of $22.21 and a one year high of $23.99. The business has a 50-day moving average price of $23.72 and a two-hundred day moving average price of $23.74. The firm has a market capitalization of $10.55 billion, a PE ratio of 7.31 and a beta of 0.39.

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.