SPDR Portfolio High Yield Bond ETF $SPHY Stock Holdings Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 409.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 168,018 shares of the company’s stock after acquiring an additional 135,044 shares during the quarter. Janney Montgomery Scott LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $3,918,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPHY. Bank of America Corp DE raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 10.5% in the 3rd quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock worth $1,068,919,000 after buying an additional 4,256,596 shares in the last quarter. Sei Investments Co. lifted its stake in SPDR Portfolio High Yield Bond ETF by 6.3% during the third quarter. Sei Investments Co. now owns 17,822,858 shares of the company’s stock valued at $426,678,000 after buying an additional 1,053,670 shares in the last quarter. LPL Financial LLC raised its holdings in shares of SPDR Portfolio High Yield Bond ETF by 12.3% during the fourth quarter. LPL Financial LLC now owns 8,802,613 shares of the company’s stock valued at $208,358,000 after acquiring an additional 967,530 shares during the period. Ameriprise Financial Inc. grew its position in SPDR Portfolio High Yield Bond ETF by 34.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after purchasing an additional 2,232,954 shares in the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 0.6% during the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock valued at $171,527,000 after purchasing an additional 46,030 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.1%

Shares of SPDR Portfolio High Yield Bond ETF stock traded down $0.02 during midday trading on Tuesday, hitting $23.35. The company’s stock had a trading volume of 735,322 shares, compared to its average volume of 5,674,362. SPDR Portfolio High Yield Bond ETF has a 1-year low of $23.02 and a 1-year high of $23.99. The firm has a market capitalization of $11.31 billion, a P/E ratio of 7.31 and a beta of 0.38. The stock has a 50-day simple moving average of $23.41 and a 200-day simple moving average of $23.52.

About SPDR Portfolio High Yield Bond ETF

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.