Thrivent Financial for Lutherans Buys Shares of 555,048 SPDR Portfolio High Yield Bond ETF $SPHY

Thrivent Financial for Lutherans purchased a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 555,048 shares of the company’s stock, valued at approximately $13,288,000. Thrivent Financial for Lutherans owned about 0.13% of SPDR Portfolio High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Index Fund Advisors Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 0.9% during the third quarter. Index Fund Advisors Inc. now owns 47,243 shares of the company’s stock valued at $1,131,000 after buying an additional 421 shares in the last quarter. Inscription Capital LLC boosted its position in SPDR Portfolio High Yield Bond ETF by 1.5% during the 3rd quarter. Inscription Capital LLC now owns 29,907 shares of the company’s stock worth $716,000 after acquiring an additional 454 shares during the period. Bank of Montreal Can lifted its position in SPDR Portfolio High Yield Bond ETF by 5.4% in the 2nd quarter. Bank of Montreal Can now owns 10,180 shares of the company’s stock worth $242,000 after buying an additional 525 shares in the last quarter. Trilogy Capital Inc. grew its stake in SPDR Portfolio High Yield Bond ETF by 2.0% in the third quarter. Trilogy Capital Inc. now owns 29,075 shares of the company’s stock valued at $696,000 after purchasing an additional 570 shares in the last quarter. Finally, Cahill Financial Advisors Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 1.7% during the third quarter. Cahill Financial Advisors Inc. now owns 35,991 shares of the company’s stock valued at $862,000 after acquiring an additional 586 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

Shares of SPHY opened at $23.66 on Thursday. SPDR Portfolio High Yield Bond ETF has a one year low of $22.21 and a one year high of $23.99. The company has a market capitalization of $10.46 billion, a PE ratio of 7.31 and a beta of 0.39. The company’s fifty day moving average price is $23.73 and its 200 day moving average price is $23.75.

SPDR Portfolio High Yield Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be given a $0.1379 dividend. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Monday, February 2nd.

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.