Bensler LLC Has $15.47 Million Position in SPDR Portfolio High Yield Bond ETF $SPHY

Bensler LLC lessened its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 32.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 649,859 shares of the company’s stock after selling 309,170 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for approximately 1.7% of Bensler LLC’s holdings, making the stock its 20th biggest holding. Bensler LLC owned approximately 0.17% of SPDR Portfolio High Yield Bond ETF worth $15,467,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cranbrook Wealth Management LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter valued at about $26,000. Parallel Advisors LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter valued at approximately $29,000. Alaska Permanent Capital Management LLC boosted its holdings in SPDR Portfolio High Yield Bond ETF by 10,916.7% during the second quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after purchasing an additional 1,310 shares in the last quarter. Grove Bank & Trust bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at approximately $46,000. Finally, Fifth Third Bancorp acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth approximately $50,000.

SPDR Portfolio High Yield Bond ETF Price Performance

SPDR Portfolio High Yield Bond ETF stock opened at $23.63 on Friday. The business has a 50 day simple moving average of $23.81 and a 200 day simple moving average of $23.63. The company has a market capitalization of $9.97 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a one year low of $22.21 and a one year 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.