SPDR Portfolio High Yield Bond ETF $SPHY Position Raised by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC boosted its position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 106.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,000 shares of the company’s stock after purchasing an additional 32,000 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $1,476,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Grimes & Company Inc. bought a new stake in SPDR Portfolio High Yield Bond ETF during the second quarter worth approximately $166,945,000. Municipal Employees Retirement System of Michigan raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 362.5% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 5,954,325 shares of the company’s stock worth $139,451,000 after buying an additional 4,666,949 shares in the last quarter. Ameriprise Financial Inc. raised its position in SPDR Portfolio High Yield Bond ETF by 24.1% in the first quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock worth $191,695,000 after acquiring an additional 1,587,936 shares in the last quarter. Toews Corp ADV bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter worth about $23,498,000. Finally, Belpointe Asset Management LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter worth about $20,056,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2%

Shares of SPDR Portfolio High Yield Bond ETF stock opened at $23.80 on Friday. The company’s 50-day moving average price is $23.81 and its two-hundred day moving average price is $23.55. SPDR Portfolio High Yield Bond ETF has a 52 week low of $22.21 and a 52 week high of $23.99. The stock has a market cap of $9.62 billion, a PE ratio of 7.31 and a beta of 0.42.

SPDR Portfolio High Yield Bond ETF Company 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.