Bell Investment Advisors Inc Has $474,000 Position in SPDR Portfolio High Yield Bond ETF $SPHY

Bell Investment Advisors Inc boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 33.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,924 shares of the company’s stock after buying an additional 4,975 shares during the period. Bell Investment Advisors Inc’s holdings in SPDR Portfolio High Yield Bond ETF were worth $474,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SPHY. Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio High Yield Bond ETF by 24.1% during 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. Grimes & Company Inc. acquired a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $166,945,000. Municipal Employees Retirement System of Michigan boosted its stake in SPDR Portfolio High Yield Bond ETF by 362.5% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 5,954,325 shares of the company’s stock valued at $139,451,000 after purchasing an additional 4,666,949 shares during the last quarter. Cornerstone Enterprises LLC increased its holdings in SPDR Portfolio High Yield Bond ETF by 1.7% during the 2nd quarter. Cornerstone Enterprises LLC now owns 1,714,236 shares of the company’s stock worth $40,799,000 after purchasing an additional 29,303 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of SPDR Portfolio High Yield Bond ETF by 58.4% in the second quarter. Farther Finance Advisors LLC now owns 1,358,931 shares of the company’s stock worth $32,342,000 after purchasing an additional 500,938 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Price Performance

SPHY stock opened at $23.59 on Friday. The firm has a market capitalization of $9.95 billion, a PE ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a twelve month low of $22.21 and a twelve month high of $23.99. The stock’s 50 day moving average is $23.80 and its 200-day moving average is $23.64.

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.