SPDR Portfolio High Yield Bond ETF $SPHY Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,192,956 shares of the company’s stock after buying an additional 87,374 shares during the period. Benjamin Edwards Inc.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $28,235,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Bank of America Corp DE grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 10.5% in the 3rd quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock worth $1,068,919,000 after acquiring an additional 4,256,596 shares during the last quarter. Sei Investments Co. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 6.3% in the 3rd quarter. Sei Investments Co. now owns 17,822,858 shares of the company’s stock worth $426,678,000 after acquiring an additional 1,053,670 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 34.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after acquiring an additional 2,232,954 shares during the last quarter. Vantagepoint Investment Advisers LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1.3% in the 3rd quarter. Vantagepoint Investment Advisers LLC now owns 7,564,670 shares of the company’s stock worth $181,098,000 after acquiring an additional 95,000 shares during the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC grew its holdings in shares of SPDR Portfolio High Yield Bond ETF by 2.7% in the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,200,554 shares of the company’s stock worth $172,381,000 after acquiring an additional 186,060 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Down 0.4%

Shares of NYSEARCA SPHY opened at $23.45 on Friday. The stock has a market capitalization of $10.50 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. The stock’s fifty day simple moving average is $23.44 and its 200 day simple moving average is $23.63. SPDR Portfolio High Yield Bond ETF has a 52-week low of $23.02 and a 52-week high of $23.99.

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.