278,400 Shares in SPDR Portfolio High Yield Bond ETF $SPHY Purchased by iA Global Asset Management Inc.

iA Global Asset Management Inc. purchased a new stake in SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 278,400 shares of the company’s stock, valued at approximately $6,492,000. iA Global Asset Management Inc. owned 0.06% of SPDR Portfolio High Yield Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of SPDR Portfolio High Yield Bond ETF by 10.5% in the third quarter. Bank of America Corp DE now owns 44,649,901 shares of the company’s stock worth $1,068,919,000 after acquiring an additional 4,256,596 shares during the last quarter. Asset Management One Co. Ltd. acquired a new position in SPDR Portfolio High Yield Bond ETF during the fourth quarter worth approximately $85,587,000. Ameriprise Financial Inc. increased 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 purchasing an additional 2,232,954 shares during the last quarter. Franklin Resources Inc. raised its stake in SPDR Portfolio High Yield Bond ETF by 148,527.0% during the third quarter. Franklin Resources Inc. now owns 1,093,895 shares of the company’s stock worth $26,188,000 after purchasing an additional 1,093,159 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in SPDR Portfolio High Yield Bond ETF by 8,673.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,070,300 shares of the company’s stock worth $25,334,000 after purchasing an additional 1,058,100 shares during the period.

SPDR Portfolio High Yield Bond ETF Stock Down 0.6%

SPHY stock opened at $23.31 on Thursday. The company has a market cap of $11.33 billion, a price-to-earnings ratio of 7.31 and a beta of 0.38. The business has a fifty day simple moving average of $23.42 and a 200-day simple moving average of $23.53. SPDR Portfolio High Yield Bond ETF has a 52 week low of $23.02 and a 52 week high of $23.99.

SPDR Portfolio High Yield Bond ETF 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.