iA Global Asset Management Inc. Purchases New Stake in SPDR Portfolio High Yield Bond ETF $SPHY

iA Global Asset Management Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 278,400 shares of the company’s stock, valued at approximately $6,492,000.

Several other institutional investors also recently bought and sold shares of the business. Impact Partnership Wealth LLC grew its position in SPDR Portfolio High Yield Bond ETF by 90.7% in the first quarter. Impact Partnership Wealth LLC now owns 330,375 shares of the company’s stock valued at $7,704,000 after acquiring an additional 157,099 shares in the last quarter. Private Wealth Group LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 4.9% during the first quarter. Private Wealth Group LLC now owns 14,939 shares of the company’s stock worth $348,000 after purchasing an additional 701 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of SPDR Portfolio High Yield Bond ETF by 1.4% during the first quarter. Continuum Advisory LLC now owns 84,577 shares of the company’s stock worth $1,972,000 after purchasing an additional 1,169 shares in the last quarter. Vicus Capital boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 13.9% in the first quarter. Vicus Capital now owns 192,133 shares of the company’s stock valued at $4,481,000 after purchasing an additional 23,520 shares during the period. Finally, Hurlow Wealth Management Group Inc. boosted its stake in shares of SPDR Portfolio High Yield Bond ETF by 7.1% in the first quarter. Hurlow Wealth Management Group Inc. now owns 229,922 shares of the company’s stock valued at $5,362,000 after purchasing an additional 15,227 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Down 0.6%

SPHY opened at $23.31 on Thursday. The company has a fifty day simple moving average of $23.42 and a 200 day simple moving average of $23.53. The firm has a market cap of $11.33 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a twelve month low of $23.02 and a twelve month high of $23.99.

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.