Retirement Planning Group LLC Makes New $4.76 Million Investment in SPDR Portfolio High Yield Bond ETF $SPHY

Retirement Planning Group LLC purchased a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 210,924 shares of the company’s stock, valued at approximately $4,765,000.

Several other large investors have also recently made changes to their positions in the stock. NEOS Investment Management LLC purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth $69,777,000. Ocean Park Asset Management LLC grew its stake in SPDR Portfolio High Yield Bond ETF by 53.4% in the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock valued at $142,534,000 after purchasing an additional 2,116,024 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio High Yield Bond ETF by 37.5% in the second quarter. Envestnet Asset Management Inc. now owns 6,981,977 shares of the company’s stock valued at $163,658,000 after purchasing an additional 1,903,466 shares during the last quarter. Cetera Investment Advisers grew its stake in SPDR Portfolio High Yield Bond ETF by 68.1% in the first quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after purchasing an additional 1,441,014 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in SPDR Portfolio High Yield Bond ETF by 5.7% in the first quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock worth $462,499,000 after purchasing an additional 1,061,796 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $22.44 on Tuesday. The company has a market capitalization of $11.67 billion, a PE ratio of 7.31 and a beta of 0.39. The company has a 50-day simple moving average of $22.95 and a two-hundred day simple moving average of $23.23. SPDR Portfolio High Yield Bond ETF has a one year low of $22.32 and a one year high of $23.95.

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.