SPDR Portfolio High Yield Bond ETF $SPHY Shares Newly Bought by StoneX Group Inc.

StoneX Group Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 3rd quarter, HoldingsChannel reports. The fund acquired 121,129 shares of the company’s stock, valued at approximately $2,736,000.

Several other institutional investors also recently bought and sold shares of SPHY. NewEdge Advisors LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 26.4% in the second quarter. NewEdge Advisors LLC now owns 334,333 shares of the company’s stock valued at $7,837,000 after acquiring an additional 69,852 shares in the last quarter. HF Advisory Group LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 10.5% during the second quarter. HF Advisory Group LLC now owns 253,222 shares of the company’s stock worth $5,936,000 after purchasing an additional 24,023 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in shares of SPDR Portfolio High Yield Bond ETF by 20.3% during the third quarter. Flagship Harbor Advisors LLC now owns 136,861 shares of the company’s stock worth $3,092,000 after purchasing an additional 23,075 shares in the last quarter. Tenet Wealth Partners LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at $1,052,000. Finally, Gateway Wealth Partners LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the 1st quarter valued at $570,000.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY stock opened at $22.53 on Monday. The stock’s fifty day moving average is $22.74 and its two-hundred day moving average is $23.26. The firm has a market capitalization of $11.92 billion, a P/E ratio of 7.31 and a beta of 0.40. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.32 and a fifty-two week high of $23.86.

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.