Fifth Third Bancorp Raises Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Fifth Third Bancorp increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 1,238.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,304 shares of the company’s stock after acquiring an additional 109,465 shares during the quarter. Fifth Third Bancorp’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,759,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SPHY. Newbridge Financial Services Group Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 171.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock valued at $29,000 after purchasing an additional 778 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Portfolio High Yield Bond ETF in the 4th quarter worth about $38,000. Smartleaf Asset Management LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 301.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,680 shares of the company’s stock worth $40,000 after buying an additional 1,262 shares during the last quarter. Physician Wealth Advisors Inc. boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 54.7% in the 1st quarter. Physician Wealth Advisors Inc. now owns 1,762 shares of the company’s stock worth $41,000 after buying an additional 623 shares during the last quarter. Finally, Allworth Financial LP grew its position in SPDR Portfolio High Yield Bond ETF by 1,098.9% during the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after buying an additional 2,000 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA SPHY opened at $23.33 on Tuesday. The company has a market capitalization of $11.46 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 52-week low of $23.02 and a 52-week high of $23.99. The company has a 50-day simple moving average of $23.38 and a 200 day simple moving average of $23.50.

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.