MGO One Seven LLC Increases Holdings in SPDR Portfolio High Yield Bond ETF $SPHY

MGO One Seven LLC grew its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 10.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 639,674 shares of the company’s stock after acquiring an additional 60,789 shares during the period. MGO One Seven LLC owned about 0.15% of SPDR Portfolio High Yield Bond ETF worth $15,314,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cranbrook Wealth Management LLC purchased a new position in shares of SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at about $26,000. Parallel Advisors LLC purchased a new position in SPDR Portfolio High Yield Bond ETF in the second quarter valued at $29,000. Newbridge Financial Services Group Inc. raised its position in shares of SPDR Portfolio High Yield Bond ETF by 171.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $29,000 after acquiring an additional 778 shares during the period. Alaska Permanent Capital Management LLC grew its position in shares of SPDR Portfolio High Yield Bond ETF by 10,916.7% during the 2nd quarter. Alaska Permanent Capital Management LLC now owns 1,322 shares of the company’s stock valued at $31,000 after acquiring an additional 1,310 shares during the period. Finally, Grove Bank & Trust acquired a new position in SPDR Portfolio High Yield Bond ETF in the 2nd quarter worth about $46,000.

SPDR Portfolio High Yield Bond ETF Trading Up 0.1%

Shares of SPHY opened at $23.79 on Monday. The firm has a market cap of $10.62 billion, a P/E ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 12 month low of $22.21 and a 12 month high of $23.99. The stock’s 50 day moving average is $23.68 and its two-hundred day moving average is $23.73.

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.