Vicus Capital Takes Position in SPDR Portfolio High Yield Bond ETF $SPHY

Vicus Capital purchased a new position in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 174,091 shares of the company’s stock, valued at approximately $4,168,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Sei Investments Co. boosted its holdings in SPDR Portfolio High Yield Bond ETF by 5.4% in the second quarter. Sei Investments Co. now owns 16,769,188 shares of the company’s stock worth $399,112,000 after purchasing an additional 859,566 shares in the last quarter. Vantagepoint Investment Advisers LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 2.2% in the second quarter. Vantagepoint Investment Advisers LLC now owns 7,469,670 shares of the company’s stock worth $177,778,000 after buying an additional 162,350 shares during the last quarter. Grimes & Company Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth about $166,945,000. 1832 Asset Management L.P. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 4.2% during the 2nd quarter. 1832 Asset Management L.P. now owns 3,399,653 shares of the company’s stock worth $80,912,000 after acquiring an additional 138,308 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in shares of SPDR Portfolio High Yield Bond ETF by 55.5% during the 2nd quarter. MML Investors Services LLC now owns 2,567,446 shares of the company’s stock valued at $61,105,000 after acquiring an additional 916,341 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Performance

Shares of SPHY stock opened at $23.79 on Monday. The stock’s 50 day simple moving average is $23.68 and its 200 day simple moving average is $23.73. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The company has a market capitalization of $10.62 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39.

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.