SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 2,137,397 shares traded hands during mid-day trading, a decline of 26% from the previous session’s volume of 2,885,258 shares.The stock last traded at $23.38 and had previously closed at $23.27.
SPDR Portfolio High Yield Bond ETF Trading Up 0.4 %
The company has a market cap of $4.75 billion, a price-to-earnings ratio of 3.97 and a beta of 0.34. The business has a 50-day moving average price of $23.31 and a 200 day moving average price of $23.27.
Institutional Investors Weigh In On SPDR Portfolio High Yield Bond ETF
Several hedge funds have recently modified their holdings of the stock. Bogart Wealth LLC boosted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 59.5% in the first quarter. Bogart Wealth LLC now owns 2,510 shares of the company’s stock worth $59,000 after buying an additional 936 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth approximately $111,000. Cullen Frost Bankers Inc. acquired a new stake in SPDR Portfolio High Yield Bond ETF during the 2nd quarter valued at $120,000. Sunbelt Securities Inc. purchased a new stake in shares of SPDR Portfolio High Yield Bond ETF in the first quarter valued at $161,000. Finally, NBC Securities Inc. lifted its holdings in shares of SPDR Portfolio High Yield Bond ETF by 12.3% in the fourth quarter. NBC Securities Inc. now owns 8,538 shares of the company’s stock valued at $199,000 after purchasing an additional 932 shares in 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.
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