SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Sets New 12-Month High – Here’s What Happened

SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY)’s stock price reached a new 52-week high on Friday . The stock traded as high as $24.09 and last traded at $23.78, with a volume of 3855 shares changing hands. The stock had previously closed at $23.77.

SPDR Portfolio High Yield Bond ETF Stock Up 0.1 %

The company has a market capitalization of $4.83 billion, a PE ratio of 3.97 and a beta of 0.34. The business’s 50 day simple moving average is $23.66 and its 200 day simple moving average is $23.67.

Institutional Trading of SPDR Portfolio High Yield Bond ETF

A number of hedge funds have recently made changes to their positions in SPHY. Appleton Partners Inc. MA increased its holdings in SPDR Portfolio High Yield Bond ETF by 2.1% in the third quarter. Appleton Partners Inc. MA now owns 116,598 shares of the company’s stock worth $2,804,000 after buying an additional 2,397 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in SPDR Portfolio High Yield Bond ETF by 625.8% in the third quarter. Massmutual Trust Co. FSB ADV now owns 6,460 shares of the company’s stock worth $155,000 after buying an additional 5,570 shares during the last quarter. Pinnacle Bancorp Inc. increased its holdings in SPDR Portfolio High Yield Bond ETF by 25.9% in the third quarter. Pinnacle Bancorp Inc. now owns 11,990 shares of the company’s stock worth $288,000 after buying an additional 2,470 shares during the last quarter. Worth Asset Management LLC acquired a new position in SPDR Portfolio High Yield Bond ETF in the third quarter worth approximately $505,000. Finally, Iowa State Bank increased its holdings in SPDR Portfolio High Yield Bond ETF by 188.5% in the third quarter. Iowa State Bank now owns 369,523 shares of the company’s stock worth $8,887,000 after buying an additional 241,422 shares during the last quarter.

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.