Rockefeller Capital Management L.P. Takes Position in SPDR Portfolio High Yield Bond ETF $SPHY

Rockefeller Capital Management L.P. purchased a new position in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 32,400 shares of the company’s stock, valued at approximately $771,000.

Several other large investors also recently added to or reduced their stakes in SPHY. Grimes & Company Inc. bought a new stake in shares of SPDR Portfolio High Yield Bond ETF in the 2nd quarter valued at approximately $166,945,000. Ameriprise Financial Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 24.1% during the 1st quarter. Ameriprise Financial Inc. now owns 8,186,133 shares of the company’s stock valued at $191,695,000 after buying an additional 1,587,936 shares during the period. Toews Corp ADV bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter worth $23,498,000. Belpointe Asset Management LLC bought a new stake in SPDR Portfolio High Yield Bond ETF in the second quarter worth $20,056,000. Finally, CNO Financial Group Inc. boosted its stake in SPDR Portfolio High Yield Bond ETF by 154.3% during the second quarter. CNO Financial Group Inc. now owns 1,068,000 shares of the company’s stock worth $25,418,000 after buying an additional 648,000 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Up 0.2%

Shares of SPHY opened at $23.82 on Thursday. The company’s fifty day simple moving average is $23.76 and its 200-day simple moving average is $23.67. The company has a market cap of $10.05 billion, a P/E 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.

SPDR Portfolio High Yield Bond ETF 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.