Bensler LLC Sells 44,115 Shares of SPDR Portfolio High Yield Bond ETF $SPHY

Bensler LLC decreased its holdings in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) by 6.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 605,744 shares of the company’s stock after selling 44,115 shares during the quarter. SPDR Portfolio High Yield Bond ETF accounts for approximately 1.5% of Bensler LLC’s portfolio, making the stock its 21st largest position. Bensler LLC’s holdings in SPDR Portfolio High Yield Bond ETF were worth $14,502,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Grimes & Company Inc. bought a new position in shares of SPDR Portfolio High Yield Bond ETF in the second quarter worth about $166,945,000. Exchange Traded Concepts LLC bought a new position in SPDR Portfolio High Yield Bond ETF in the 3rd quarter worth approximately $32,905,000. Toews Corp ADV acquired a new position in SPDR Portfolio High Yield Bond ETF during the 2nd quarter worth $23,498,000. MML Investors Services LLC lifted its holdings in SPDR Portfolio High Yield Bond ETF by 55.5% during the 2nd quarter. MML Investors Services LLC now owns 2,567,446 shares of the company’s stock worth $61,105,000 after buying an additional 916,341 shares in the last quarter. Finally, Sei Investments Co. boosted its position in SPDR Portfolio High Yield Bond ETF by 5.4% in the 2nd quarter. Sei Investments Co. now owns 16,769,188 shares of the company’s stock valued at $399,112,000 after buying an additional 859,566 shares during the last quarter.

SPDR Portfolio High Yield Bond ETF Stock Up 0.1%

SPDR Portfolio High Yield Bond ETF stock opened at $23.84 on Tuesday. The business’s 50-day simple moving average is $23.72 and its 200 day simple moving average is $23.74. The stock has a market cap of $10.55 billion, a price-to-earnings ratio of 7.31 and a beta of 0.39. SPDR Portfolio High Yield Bond ETF has a 12-month low of $22.21 and a 12-month high of $23.99.

About SPDR Portfolio High Yield Bond ETF

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.