Tenzing Financial LLC Makes New Investment in SPDR Portfolio High Yield Bond ETF $SPHY

Tenzing Financial LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 90,722 shares of the company’s stock, valued at approximately $2,147,000. SPDR Portfolio High Yield Bond ETF comprises approximately 1.7% of Tenzing Financial LLC’s holdings, making the stock its 17th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPHY. Integrated Wealth Concepts LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 7.2% during the first quarter. Integrated Wealth Concepts LLC now owns 11,115 shares of the company’s stock worth $260,000 after buying an additional 745 shares during the last quarter. NewEdge Advisors LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 5.5% during the second quarter. NewEdge Advisors LLC now owns 340,238 shares of the company’s stock worth $8,098,000 after buying an additional 17,658 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in SPDR Portfolio High Yield Bond ETF by 0.6% during the second quarter. The Manufacturers Life Insurance Company now owns 903,301 shares of the company’s stock worth $21,498,000 after buying an additional 5,169 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 71.2% during the second quarter. EP Wealth Advisors LLC now owns 10,094 shares of the company’s stock worth $240,000 after buying an additional 4,198 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its stake in SPDR Portfolio High Yield Bond ETF by 5.3% during the second quarter. IHT Wealth Management LLC now owns 68,781 shares of the company’s stock worth $1,637,000 after buying an additional 3,481 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA SPHY opened at $23.41 on Monday. The stock’s fifty day moving average is $23.43 and its two-hundred day moving average is $23.56. The firm has a market capitalization of $10.48 billion, a P/E 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.

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.