Sei Investments Co. Buys 1,061,796 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Sei Investments Co. raised its stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 5.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,832,325 shares of the company’s stock after purchasing an additional 1,061,796 shares during the period. Sei Investments Co.’s holdings in SPDR Portfolio High Yield Bond ETF were worth $462,499,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SPHY. LPL Financial LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 12.3% during the 4th quarter. LPL Financial LLC now owns 8,802,613 shares of the company’s stock worth $208,358,000 after buying an additional 967,530 shares during the period. Ameriprise Financial Inc. lifted its position in SPDR Portfolio High Yield Bond ETF by 34.6% during the third quarter. Ameriprise Financial Inc. now owns 8,686,741 shares of the company’s stock worth $207,971,000 after acquiring an additional 2,232,954 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its position in SPDR Portfolio High Yield Bond ETF by 0.6% during the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 7,246,584 shares of the company’s stock worth $171,527,000 after acquiring an additional 46,030 shares during the last quarter. US Bancorp DE boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 14.8% during the fourth quarter. US Bancorp DE now owns 6,510,583 shares of the company’s stock worth $154,106,000 after acquiring an additional 841,165 shares during the period. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 0.8% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 6,000,856 shares of the company’s stock worth $142,040,000 after acquiring an additional 46,531 shares during the period.

SPDR Portfolio High Yield Bond ETF Trading Down 0.1%

SPDR Portfolio High Yield Bond ETF stock opened at $23.29 on Thursday. The company has a market capitalization of $11.44 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. SPDR Portfolio High Yield Bond ETF has a 12 month low of $23.02 and a 12 month high of $23.99. The stock’s 50 day moving average is $23.37 and its 200-day moving average is $23.50.

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.