Jordan Park Group LLC Takes $1.76 Million Position in SPDR Portfolio High Yield Bond ETF $SPHY

Jordan Park Group LLC acquired a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 74,144 shares of the company’s stock, valued at approximately $1,755,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 10.5% in the 3rd quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock valued at $1,068,919,000 after buying an additional 4,256,596 shares during the period. Sei Investments Co. raised its holdings in SPDR Portfolio High Yield Bond ETF by 6.3% in the 3rd quarter. Sei Investments Co. now owns 17,822,858 shares of the company’s stock worth $426,678,000 after purchasing an additional 1,053,670 shares during the period. Ameriprise Financial Inc. raised its holdings in SPDR Portfolio High Yield Bond ETF by 34.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after purchasing an additional 2,232,954 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC raised its holdings in SPDR Portfolio High Yield Bond ETF by 0.6% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock worth $171,527,000 after purchasing an additional 46,030 shares during the period. Finally, US Bancorp DE raised its holdings in SPDR Portfolio High Yield Bond ETF by 14.8% in the 4th quarter. US Bancorp DE now owns 6,510,583 shares of the company’s stock worth $154,106,000 after purchasing an additional 841,165 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Performance

NYSEARCA SPHY opened at $23.53 on Monday. The stock has a market capitalization of $10.54 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. The stock has a 50-day moving average of $23.41 and a 200 day moving average of $23.58.

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.