Thrivent Financial for Lutherans Has $8.33 Million Stake in SPDR Portfolio High Yield Bond ETF $SPHY

Thrivent Financial for Lutherans trimmed its position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 36.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 351,597 shares of the company’s stock after selling 203,451 shares during the period. Thrivent Financial for Lutherans owned 0.08% of SPDR Portfolio High Yield Bond ETF worth $8,329,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 171.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after buying an additional 778 shares during the last quarter. Fourth Dimension Wealth LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 89.2% in the third quarter. Fourth Dimension Wealth LLC now owns 1,343 shares of the company’s stock valued at $32,000 after purchasing an additional 633 shares during the last quarter. Allworth Financial LP increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 1,098.9% in the third quarter. Allworth Financial LP now owns 2,182 shares of the company’s stock valued at $52,000 after purchasing an additional 2,000 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 100.5% in the third quarter. Golden State Wealth Management LLC now owns 2,222 shares of the company’s stock valued at $53,000 after purchasing an additional 1,114 shares during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the fourth quarter valued at $67,000.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $23.24 on Wednesday. SPDR Portfolio High Yield Bond ETF has a one year low of $23.02 and a one year high of $23.99. The company has a market cap of $10.41 billion, a P/E ratio of 7.31 and a beta of 0.38. The firm’s fifty day moving average price is $23.39 and its two-hundred day moving average price is $23.59.

SPDR Portfolio High Yield Bond ETF 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.