SPDR Portfolio High Yield Bond ETF $SPHY Shares Purchased by Maia Wealth LLC

Maia Wealth LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 124.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 102,983 shares of the company’s stock after purchasing an additional 57,104 shares during the period. Maia Wealth LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $2,442,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Regal Investment Advisors LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 8.6% in the 3rd quarter. Regal Investment Advisors LLC now owns 26,643 shares of the company’s stock valued at $638,000 after buying an additional 2,112 shares during the period. F m Investments LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF during the third quarter worth about $1,769,000. Sei Investments Co. raised its stake in SPDR Portfolio High Yield Bond ETF by 6.3% during the third 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 period. UBS Group AG lifted its holdings in SPDR Portfolio High Yield Bond ETF by 117.0% in the third quarter. UBS Group AG now owns 676,522 shares of the company’s stock worth $16,196,000 after acquiring an additional 364,692 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in SPDR Portfolio High Yield Bond ETF by 340.5% in the third quarter. BNP Paribas Financial Markets now owns 382,895 shares of the company’s stock worth $9,167,000 after acquiring an additional 295,977 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Down 0.2%

Shares of SPHY stock opened at $23.21 on Friday. The company has a market cap of $10.26 billion, a P/E ratio of 7.31 and a beta of 0.39. The business has a 50 day moving average of $23.69 and a two-hundred day moving average of $23.73. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.21 and a 52 week high of $23.99.

SPDR Portfolio High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1396 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 7.2%. This is an increase from SPDR Portfolio High Yield Bond ETF’s previous monthly dividend of $0.14.

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.