US Bancorp DE Has $135.73 Million Stock Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

US Bancorp DE increased its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 9.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,669,418 shares of the company’s stock after buying an additional 493,819 shares during the quarter. US Bancorp DE’s holdings in SPDR Portfolio High Yield Bond ETF were worth $135,726,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Index Fund Advisors Inc. lifted its stake in SPDR Portfolio High Yield Bond ETF by 0.9% in the 3rd quarter. Index Fund Advisors Inc. now owns 47,243 shares of the company’s stock worth $1,131,000 after acquiring an additional 421 shares in the last quarter. Inscription Capital LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 1.5% in the third quarter. Inscription Capital LLC now owns 29,907 shares of the company’s stock worth $716,000 after purchasing an additional 454 shares in the last quarter. Cumberland Partners Ltd grew its position in SPDR Portfolio High Yield Bond ETF by 4.5% during the third quarter. Cumberland Partners Ltd now owns 10,876 shares of the company’s stock valued at $260,000 after purchasing an additional 466 shares in the last quarter. Lynx Investment Advisory increased its stake in SPDR Portfolio High Yield Bond ETF by 4.3% in the 3rd quarter. Lynx Investment Advisory now owns 12,608 shares of the company’s stock valued at $302,000 after buying an additional 522 shares during the period. Finally, Bank of Montreal Can lifted its position in SPDR Portfolio High Yield Bond ETF by 5.4% in the 2nd quarter. Bank of Montreal Can now owns 10,180 shares of the company’s stock worth $242,000 after buying an additional 525 shares in the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Up 0.1%

SPDR Portfolio High Yield Bond ETF stock opened at $23.75 on Thursday. The company’s fifty day simple moving average is $23.74 and its 200-day simple moving average is $23.75. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.21 and a 12 month high of $23.99. The stock has a market cap of $10.50 billion, a P/E ratio of 7.31 and a beta of 0.39.

SPDR Portfolio High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.1379 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 7.0%.

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.