SPDR Portfolio High Yield Bond ETF $SPHY Position Boosted by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 6.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 635,711 shares of the company’s stock after acquiring an additional 35,784 shares during the period. Kestra Advisory Services LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $14,361,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SPHY. State of Wyoming acquired a new position in shares of SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth $371,291,000. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the third quarter worth $171,715,000. NEOS Investment Management LLC acquired a new stake in shares of SPDR Portfolio High Yield Bond ETF during the second quarter worth $69,777,000. Conning Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF during the third quarter valued at $61,580,000. Finally, Ocean Park Asset Management LLC lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 53.4% during the second quarter. Ocean Park Asset Management LLC now owns 6,080,823 shares of the company’s stock valued at $142,534,000 after purchasing an additional 2,116,024 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

NYSEARCA:SPHY opened at $22.53 on Monday. SPDR Portfolio High Yield Bond ETF has a 1-year low of $22.32 and a 1-year high of $23.86. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 7.31 and a beta of 0.40. The stock has a fifty day simple moving average of $22.74 and a 200 day simple moving average of $23.26.

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.