Rossby Financial LCC acquired a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,591 shares of the company’s stock, valued at approximately $270,000.
Other hedge funds also recently bought and sold shares of the company. ORG Partners LLC bought a new stake in SPDR Portfolio High Yield Bond ETF during the first quarter valued at approximately $26,000. Golden State Wealth Management LLC boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 193.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock worth $33,000 after acquiring an additional 932 shares during the last quarter. OLD Point Trust & Financial Services N A bought a new stake in shares of SPDR Portfolio High Yield Bond ETF during the 4th quarter valued at $57,000. AdvisorNet Financial Inc increased its stake in shares of SPDR Portfolio High Yield Bond ETF by 22.0% in the 1st quarter. AdvisorNet Financial Inc now owns 3,535 shares of the company’s stock worth $83,000 after purchasing an additional 638 shares in the last quarter. Finally, Ameriflex Group Inc. bought a new position in SPDR Portfolio High Yield Bond ETF in the 4th quarter worth $97,000.
SPDR Portfolio High Yield Bond ETF Stock Performance
NYSEARCA SPHY opened at $23.67 on Thursday. The company has a market capitalization of $7.73 billion, a PE ratio of 7.31 and a beta of 0.42. The business’s fifty day moving average is $23.42 and its 200 day moving average is $23.44. SPDR Portfolio High Yield Bond ETF has a fifty-two week low of $22.21 and a fifty-two week high of $24.07.
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.
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