Capital Wealth Management LLC Buys 33,525 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Capital Wealth Management LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 62.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,430 shares of the company’s stock after buying an additional 33,525 shares during the quarter. SPDR Portfolio High Yield Bond ETF makes up 0.5% of Capital Wealth Management LLC’s portfolio, making the stock its 23rd largest position. Capital Wealth Management LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,975,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in SPHY. Sei Investments Co. grew its stake in SPDR Portfolio High Yield Bond ETF by 5.7% in the 1st quarter. Sei Investments Co. now owns 19,832,325 shares of the company’s stock worth $462,499,000 after acquiring an additional 1,061,796 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth approximately $171,715,000. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 37.5% during the second quarter. Envestnet Asset Management Inc. now owns 6,981,977 shares of the company’s stock worth $163,658,000 after acquiring an additional 1,903,466 shares during the period. Ocean Park Asset Management LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 53.4% during the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock valued at $142,534,000 after acquiring an additional 2,116,024 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 68.1% during the first quarter. Cetera Investment Advisers now owns 3,556,254 shares of the company’s stock valued at $82,932,000 after acquiring an additional 1,441,014 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

SPDR Portfolio High Yield Bond ETF stock opened at $22.67 on Thursday. The company has a market capitalization of $11.87 billion, a PE ratio of 7.31 and a beta of 0.39. The company has a 50 day moving average price of $22.85 and a 200-day moving average price of $23.30. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.32 and a fifty-two week high of $23.92.

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.