MGO One Seven LLC boosted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Free Report) by 10.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 578,885 shares of the company’s stock after acquiring an additional 53,404 shares during the period. MGO One Seven LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $13,777,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SPHY. ORG Partners LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the 1st quarter valued at about $26,000. Cranbrook Wealth Management LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at about $26,000. Parallel Advisors LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at about $29,000. Golden State Wealth Management LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 193.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,415 shares of the company’s stock valued at $33,000 after acquiring an additional 932 shares during the period. Finally, Centennial Bank AR bought a new stake in SPDR Portfolio High Yield Bond ETF in the 1st quarter valued at about $34,000.
SPDR Portfolio High Yield Bond ETF Stock Performance
Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.54 on Monday. SPDR Portfolio High Yield Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.99. The stock’s 50-day simple moving average is $23.79 and its 200 day simple moving average is $23.51. The stock has a market capitalization of $9.48 billion, a P/E ratio of 7.31 and a beta of 0.42.
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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