Sei Investments Co. Has $462.50 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

Sei Investments Co. raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 5.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,832,325 shares of the company’s stock after purchasing an additional 1,061,796 shares during the quarter. Sei Investments Co. owned approximately 4.43% of SPDR Portfolio High Yield Bond ETF worth $462,499,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Aspire Private Capital LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF by 1.6% in the fourth quarter. Aspire Private Capital LLC now owns 28,071 shares of the company’s stock valued at $664,000 after buying an additional 435 shares in the last quarter. PFG Investments LLC lifted its stake in SPDR Portfolio High Yield Bond ETF by 5.3% in the fourth quarter. PFG Investments LLC now owns 8,808 shares of the company’s stock valued at $208,000 after acquiring an additional 440 shares during the last quarter. MCF Advisors LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 0.4% in the 4th quarter. MCF Advisors LLC now owns 119,148 shares of the company’s stock valued at $2,820,000 after acquiring an additional 509 shares during the period. BlueStem Wealth Partners LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 4.6% in the 4th quarter. BlueStem Wealth Partners LLC now owns 12,246 shares of the company’s stock valued at $290,000 after acquiring an additional 540 shares during the period. Finally, Laurel Oak Wealth Management LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 4.9% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 13,152 shares of the company’s stock valued at $307,000 after acquiring an additional 609 shares during the period.

SPDR Portfolio High Yield Bond ETF Price Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.29 on Thursday. The company’s 50-day moving average is $23.37 and its 200-day moving average is $23.50. The firm has a market capitalization of $11.44 billion, a PE ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $23.02 and a fifty-two week high of $23.99.

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.