Trek Financial LLC Makes New Investment in SPDR Portfolio High Yield Bond ETF $SPHY

Trek Financial LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 440,977 shares of the company’s stock, valued at approximately $9,962,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Latitude Advisors LLC bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 3rd quarter valued at $26,000. Ashton Thomas Securities LLC bought a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth about $35,000. Brown Lisle Cummings Inc. increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 1,232.3% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 2,065 shares of the company’s stock worth $48,000 after acquiring an additional 1,910 shares in the last quarter. Atomic Invest LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 35.0% during the 2nd quarter. Atomic Invest LLC now owns 2,844 shares of the company’s stock valued at $67,000 after acquiring an additional 737 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $91,000.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $22.60 on Monday. The firm has a market capitalization of $11.83 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a one year low of $22.32 and a one year high of $23.86. The company’s 50-day simple moving average is $22.82 and its 200 day simple moving average is $23.29.

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.